The impact of off-site construction on firms’ operating performance

Jason Wang, Moheeb Abualqumboz, Jie Ma

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Abstract

Off-site construction (OSC) offers an innovative building solution to produce and assemble construction components in factories. It has been claimed to have major contributions in reducing production costs, complexity and improving quality. However, there is a lack of empirical evidence if off-site construction can actually improve firms’ performance. Our study aims to review off-site construction projects, and therefore we use panel data and apply a long-horizon event study to investigate the influential factors and their impacts on off-site construction financial performance. Our results suggest that OSC implementation requires significant time and money investment, can increase sales, but short-term ROA is not obvious.
Original languageEnglish
Pages1-7
Number of pages7
Publication statusUnpublished - 1 Jul 2022
Event29th International EurOMA Conference 2022: Brilliance in resilience: operations and supply chain management’s role in achieving a sustainable future - Estrel Hotel, Berlin, Germany
Duration: 1 Jul 20226 Jul 2022
Conference number: 29th
https://www.euroma2022.org/programme

Conference

Conference29th International EurOMA Conference 2022
Abbreviated titleEurOMA22
Country/TerritoryGermany
CityBerlin
Period1/07/226/07/22
Internet address

Keywords

  • off-site construction
  • long-horizon event study
  • operating performance

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