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

Wang, Jason, Abualqumboz, Moheeb ORCID: https://orcid.org/0000-0002-1681-2930 and Ma, Jie (2022) The impact of off-site construction on firms’ sustainable performance. In: 29th International EurOMA Conference 2022: Brilliance in resilience: operations and supply chain management’s role in achieving a sustainable future, 01 July 2022 - 05 July 2022, Berlin. (Unpublished)

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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.