Factors Influencing Large Real Estate Companies’ Competitiveness: A Sustainable Development Perspective
Strict policy control and real estate market downturn affects large-scale real estate enterprises performance. We surveyed large Chinese real estate enterprises and the internal factors that affect their competitiveness. Verified by the hierarchical regression and structural equation modelling appro...
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| Format: | Article |
| Language: | English |
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MDPI AG
2021-11-01
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| Series: | Land |
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| Online Access: | https://www.mdpi.com/2073-445X/10/11/1239 |
| _version_ | 1797509625578258432 |
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| author | Bo Li Rita Yi Man Li Thitinant Wareewanich |
| author_facet | Bo Li Rita Yi Man Li Thitinant Wareewanich |
| author_sort | Bo Li |
| collection | DOAJ |
| description | Strict policy control and real estate market downturn affects large-scale real estate enterprises performance. We surveyed large Chinese real estate enterprises and the internal factors that affect their competitiveness. Verified by the hierarchical regression and structural equation modelling approach, the results mainly show that profitability, capital ability, management and operation ability, human resource ability, brand name, and innovation ability play positive roles in the competitiveness of large real estate enterprises. Management and operation ability plays an intermediary role between human resources and the improvement of competitiveness. Real estate enterprises’ capital sources play an intermediary role between brand names and the improvement of competitiveness. Moreover, landbank area and quality and sales are three major factors that impact the competitiveness improvement of real estate enterprises, while the ability for marketing innovation and the payment collection of enterprises has a relatively small impact. All in all, this paper provides practical implications concerning factors that affect the competitiveness of large real estate enterprises. The findings are helpful to improve the sustainable development of real estate enterprises in the future. As research on factors that affect large-scale real estate enterprises is scarce, this study aims to fill this gap. |
| first_indexed | 2024-03-10T05:20:24Z |
| format | Article |
| id | doaj.art-17d3f1c85e564594b50c57bd10b678ea |
| institution | Directory Open Access Journal |
| issn | 2073-445X |
| language | English |
| last_indexed | 2024-03-10T05:20:24Z |
| publishDate | 2021-11-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Land |
| spelling | doaj.art-17d3f1c85e564594b50c57bd10b678ea2023-11-23T00:02:17ZengMDPI AGLand2073-445X2021-11-011011123910.3390/land10111239Factors Influencing Large Real Estate Companies’ Competitiveness: A Sustainable Development PerspectiveBo Li0Rita Yi Man Li1Thitinant Wareewanich2Chakrabongse Bhuvanarth International Institute for Interdisciplinary Studies, Rajamangala University of Technology Tawan-Ok, Bangkok 10400, ThailandSustainable Real Estate Research Center, Hong Kong Shue Yan University, Hong Kong, ChinaChakrabongse Bhuvanarth International Institute for Interdisciplinary Studies, Rajamangala University of Technology Tawan-Ok, Bangkok 10400, ThailandStrict policy control and real estate market downturn affects large-scale real estate enterprises performance. We surveyed large Chinese real estate enterprises and the internal factors that affect their competitiveness. Verified by the hierarchical regression and structural equation modelling approach, the results mainly show that profitability, capital ability, management and operation ability, human resource ability, brand name, and innovation ability play positive roles in the competitiveness of large real estate enterprises. Management and operation ability plays an intermediary role between human resources and the improvement of competitiveness. Real estate enterprises’ capital sources play an intermediary role between brand names and the improvement of competitiveness. Moreover, landbank area and quality and sales are three major factors that impact the competitiveness improvement of real estate enterprises, while the ability for marketing innovation and the payment collection of enterprises has a relatively small impact. All in all, this paper provides practical implications concerning factors that affect the competitiveness of large real estate enterprises. The findings are helpful to improve the sustainable development of real estate enterprises in the future. As research on factors that affect large-scale real estate enterprises is scarce, this study aims to fill this gap.https://www.mdpi.com/2073-445X/10/11/1239large real estate enterprisecomprehensive competitivenesssustainable developmentstructural equation model |
| spellingShingle | Bo Li Rita Yi Man Li Thitinant Wareewanich Factors Influencing Large Real Estate Companies’ Competitiveness: A Sustainable Development Perspective Land large real estate enterprise comprehensive competitiveness sustainable development structural equation model |
| title | Factors Influencing Large Real Estate Companies’ Competitiveness: A Sustainable Development Perspective |
| title_full | Factors Influencing Large Real Estate Companies’ Competitiveness: A Sustainable Development Perspective |
| title_fullStr | Factors Influencing Large Real Estate Companies’ Competitiveness: A Sustainable Development Perspective |
| title_full_unstemmed | Factors Influencing Large Real Estate Companies’ Competitiveness: A Sustainable Development Perspective |
| title_short | Factors Influencing Large Real Estate Companies’ Competitiveness: A Sustainable Development Perspective |
| title_sort | factors influencing large real estate companies competitiveness a sustainable development perspective |
| topic | large real estate enterprise comprehensive competitiveness sustainable development structural equation model |
| url | https://www.mdpi.com/2073-445X/10/11/1239 |
| work_keys_str_mv | AT boli factorsinfluencinglargerealestatecompaniescompetitivenessasustainabledevelopmentperspective AT ritayimanli factorsinfluencinglargerealestatecompaniescompetitivenessasustainabledevelopmentperspective AT thitinantwareewanich factorsinfluencinglargerealestatecompaniescompetitivenessasustainabledevelopmentperspective |