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Subject: search.filters.subject.Structural Equation Modeling (SEM)

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    Impact of contractor competitiveness on firm performance: a view from real estate developers
    (2026-01-01)
    Pongpeng, Jakrapong
    ;
    Rojanathamwong, Waiwit
    ;
    Peansupap, Vachara
    While previous studies have identified contractor competitiveness factors as selection criteria, few have empirically examined how these factors influence firm performance. This gap limits developers’ ability to select criteria for contractor selection. This study aims to analyze the impact of contractor competitiveness on performance and investigate the underlying influencing factors. A comprehensive literature review was employed to develop a conceptual model. Data were collected through a questionnaire survey of Thai real estate developers. Structural Equation Modeling (SEM) was applied to evaluate the proposed model and test research hypotheses, thereby addressing the gap in understanding the contractor competitiveness’s role in organizational success. The SEM analysis revealed a significant positive relationship between contractor competitiveness and performance (standardized regression weight = 0.65). Moreover, the factors influencing contractor competitiveness include management, resources, and generic competitive strategies, with regression weights of 0.99, 0.76, and 0.76, respectively. This study offers theoretical contributions to research on contractor competitiveness. First, the conceptual model elucidates the impact of contractor competitiveness on firm performance from the perspective of real estate developers. Second, the model confirms the hypothesis that management, resources, and generic competitive strategies measure contractor competitiveness. Furthermore, these findings provide developers that assessing contractor competitiveness directly improves firm performance.
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    STRUCTURAL EQUATION MODELING FOR THE BUSINESS PERFORMANCE OF PRIVATE HOSPITALS IN THAILAND: MANAGEMENT PERSPECTIVE
    (2024-01-01)
    Subongkod, Mallika
    ;
    Hongsakul, Bharis
    This research aimed to study the causal factors affecting the business performance of private hospitals in Thailand from a management perspective. The sample consisted of 411 executives from private hospitals in Thailand, selected through purposive sampling. Data were collected via questionnaire, with SEM being used for analysis. The results indicated that the development of an enterprise resource system, including the competency and capability of entrepreneurs, positively influenced the focus on competitive differentiation. In turn, this focus had a positive effect on customer relationship management. Customer relationship manage-ment positively impacted brand loyalty, which subsequently enhanced business performance. In contrast, the competency and capability of entrepreneurs did not have an effect on business performance. The findings suggest that the growth and sustainability of business performance in private hospitals depends on various supportive factors. These range from policy formulation and the development of technological systems in services to strategies for building customer relationships, all contributing to competitive advantages, service loyalty, and success in achieving set goals.
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    Structural equation model for construction equipment management affecting project and corporate performance
    (2016-07-01)
    Samee, Kattiya
    ;
    Pongpeng, Jakrapong
    Construction equipment management by contractors demonstrates investment efficiency and service performance, which can affect the construction project and corporate performance. Although many studies have considered the components of construction equipment management, project performance and corporate performance, the causal relationships among these components have not been explored to date. This study explores these relationships. The research method included the collection of contractors’ opinions regarding the importance of these factors. Structural Equation Modeling (SEM) was employed to determine the causal relationships among the data. The results indicate four factors of construction equipment management, with their weights of relative importance, affect project and corporate performance. Selection management exhibits the greatest effect (33%); this is followed by operations management (27%), maintenance and repair management (25%), and retirement and replacement management (15%). Regarding the factors for measuring project performance, the quality and time factors were ranked first and second in importance, respectively. The customer factor was the most important factor for describing corporate performance. The findings of this study enable a greater understanding of these causal relationships, providing a starting point for improving the project and corporate procedures of equipment management.
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    Structural equation model for construction equipment selection and contractor competitive advantages
    (2016-01-01)
    Samee, Kattiya
    ;
    Pongpeng, Jakrapong
    The selection and use of appropriate construction equipment contributes to operational efficiency and contractor competitive advantages. However, numerous factors are involved in the selection of suitable construction equipment. A review of the existing literature revealed a lack of research on the causal relationships between construction equipment selection factors and contractor competitive advantages. Therefore, this study attempted to identify the selection factors through a survey of contractors’ opinions on the levels of importance of the factors that are relevant to construction equipment selection and competitive advantages. The survey data were analyzed using Structural Equation Modeling (SEM). The results suggest the following six major selection factors and their respective weights of relative importance: compatibility with site characteristics (25%), services and maintenance (19%), costs (15%), safety and environmental effects (14%), ease of acquisition (14%), and technology and innovation (13%). These selection factors influence contractor competitive advantages in terms of financial stability, corporate image and reputation, bidding opportunity, and technical capacity, and their weights of relative importance are 31%, 25%, 22%, and 22%, respectively. The findings of this study shed light on the causal relationships between the selection of appropriate construction equipment and contractor competitive advantages.