STAKEHOLDER MANAGEMENT STUDIES IN MEGAPROJECTS CONTEXT: THE ROLE OF TRUST, FORMAL CONTRACT AND RELATIONAL CAPITAL

In megaprojects context, it is vital to build good relationships with the stakeholders who are identified as being the most crucial for the end results, for example the subcontractors. The purpose of this paper is to address the impact of specific investment, which are arg...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	NOUREDDINE AÏT ERRAYS, HANANE ROCHDI
Formato:	article
Lenguaje:	EN FR
Publicado:	Université Mohammed V de Rabat 2020
Materias:	stakeholders megaprojects trust specific investments Management. Industrial management HD28-70 Marketing. Distribution of products HF5410-5417.5
Acceso en línea:	https://doi.org/10.48376/IMIST.PRSM/remarem-v12i2.22133 https://doaj.org/article/9e4e0283fd1f411d955e8ad23f9382a2
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:9e4e0283fd1f411d955e8ad23f9382a2
record_format	dspace
spelling	oai:doaj.org-article:9e4e0283fd1f411d955e8ad23f9382a22021-11-22T11:42:13ZSTAKEHOLDER MANAGEMENT STUDIES IN MEGAPROJECTS CONTEXT: THE ROLE OF TRUST, FORMAL CONTRACT AND RELATIONAL CAPITALhttps://doi.org/10.48376/IMIST.PRSM/remarem-v12i2.221332028-51752458-665Xhttps://doaj.org/article/9e4e0283fd1f411d955e8ad23f9382a22020-12-01T00:00:00Zhttps://revues.imist.ma/index.php/REMAREM/article/view/22133/11899https://doaj.org/toc/2028-5175https://doaj.org/toc/2458-665XIn megaprojects context, it is vital to build good relationships with the stakeholders who are identified as being the most crucial for the end results, for example the subcontractors. The purpose of this paper is to address the impact of specific investment, which are argued to rely ondifferent mediating paths for building good project-stakeholder relationships, specifically: trust, formal contract and relational capital. In this paper, trust is presented first as a mediating variable, often mobilized to create, develop and maintain lasting relationships, and then as a moderating variable that can enhance the effect of other variables. This paper presents an empirical study that is based on a survey using a questionnaire with a sample of Masen's subcontractors. Masen (Moroccan Agency for Solar Energy) is the contracting authority for the megaproject Noor of Ouarzazate. The results highlight the antagonistic nature of stakeholder management in the context of megaprojects. Indeed, the complementarity between transactional and relational mechanisms could serve as a springboard for a better understanding of how Masen (main contractor) involves its stakeholders. In the context of the Moroccan megaproject Noor of Ouarzazate, we must pay particular attention to trust cultivated by the investmentin specific assets. If it is presented as a complement to formal contract, it appears to have a negative effect on the relation between relational capital and the sustainability of the exchangeNOUREDDINE AÏT ERRAYSHANANE ROCHDIUniversité Mohammed V de Rabatarticlestakeholdersmegaprojectstrustspecific investmentsManagement. Industrial managementHD28-70Marketing. Distribution of productsHF5410-5417.5ENFRRevue Marocaine de Recherche en Management et Marketing, Vol 12, Iss 2, Pp 1-32 (2020)
institution	DOAJ
collection	DOAJ
language	EN FR
topic	stakeholders megaprojects trust specific investments Management. Industrial management HD28-70 Marketing. Distribution of products HF5410-5417.5
spellingShingle	stakeholders megaprojects trust specific investments Management. Industrial management HD28-70 Marketing. Distribution of products HF5410-5417.5 NOUREDDINE AÏT ERRAYS HANANE ROCHDI STAKEHOLDER MANAGEMENT STUDIES IN MEGAPROJECTS CONTEXT: THE ROLE OF TRUST, FORMAL CONTRACT AND RELATIONAL CAPITAL
description	In megaprojects context, it is vital to build good relationships with the stakeholders who are identified as being the most crucial for the end results, for example the subcontractors. The purpose of this paper is to address the impact of specific investment, which are argued to rely ondifferent mediating paths for building good project-stakeholder relationships, specifically: trust, formal contract and relational capital. In this paper, trust is presented first as a mediating variable, often mobilized to create, develop and maintain lasting relationships, and then as a moderating variable that can enhance the effect of other variables. This paper presents an empirical study that is based on a survey using a questionnaire with a sample of Masen's subcontractors. Masen (Moroccan Agency for Solar Energy) is the contracting authority for the megaproject Noor of Ouarzazate. The results highlight the antagonistic nature of stakeholder management in the context of megaprojects. Indeed, the complementarity between transactional and relational mechanisms could serve as a springboard for a better understanding of how Masen (main contractor) involves its stakeholders. In the context of the Moroccan megaproject Noor of Ouarzazate, we must pay particular attention to trust cultivated by the investmentin specific assets. If it is presented as a complement to formal contract, it appears to have a negative effect on the relation between relational capital and the sustainability of the exchange
format	article
author	NOUREDDINE AÏT ERRAYS HANANE ROCHDI
author_facet	NOUREDDINE AÏT ERRAYS HANANE ROCHDI
author_sort	NOUREDDINE AÏT ERRAYS
title	STAKEHOLDER MANAGEMENT STUDIES IN MEGAPROJECTS CONTEXT: THE ROLE OF TRUST, FORMAL CONTRACT AND RELATIONAL CAPITAL
title_short	STAKEHOLDER MANAGEMENT STUDIES IN MEGAPROJECTS CONTEXT: THE ROLE OF TRUST, FORMAL CONTRACT AND RELATIONAL CAPITAL
title_full	STAKEHOLDER MANAGEMENT STUDIES IN MEGAPROJECTS CONTEXT: THE ROLE OF TRUST, FORMAL CONTRACT AND RELATIONAL CAPITAL
title_fullStr	STAKEHOLDER MANAGEMENT STUDIES IN MEGAPROJECTS CONTEXT: THE ROLE OF TRUST, FORMAL CONTRACT AND RELATIONAL CAPITAL
title_full_unstemmed	STAKEHOLDER MANAGEMENT STUDIES IN MEGAPROJECTS CONTEXT: THE ROLE OF TRUST, FORMAL CONTRACT AND RELATIONAL CAPITAL
title_sort	stakeholder management studies in megaprojects context: the role of trust, formal contract and relational capital
publisher	Université Mohammed V de Rabat
publishDate	2020
url	https://doi.org/10.48376/IMIST.PRSM/remarem-v12i2.22133 https://doaj.org/article/9e4e0283fd1f411d955e8ad23f9382a2
work_keys_str_mv	AT noureddineaiterrays stakeholdermanagementstudiesinmegaprojectscontexttheroleoftrustformalcontractandrelationalcapital AT hananerochdi stakeholdermanagementstudiesinmegaprojectscontexttheroleoftrustformalcontractandrelationalcapital
_version_	1718417750646325248

STAKEHOLDER MANAGEMENT STUDIES IN MEGAPROJECTS CONTEXT: THE ROLE OF TRUST, FORMAL CONTRACT AND RELATIONAL CAPITAL

Ejemplares similares