Izvorni znanstveni članak
https://doi.org/10.2478/otmcj-2021-0028
Understanding the effects of BIM implementation in corporation finance: An empirical study in China
Zhimin Wang
; Department: Research Center for Accounting and Economic Development of Guangdong-Hong Kong-Macao Greater Bay Area, School of Accounting, Guangdong University of Foreign Studies, Guangzhou, PRC
Jianjun Ma
orcid.org/0000-0002-2885-5620
; Department: Southern Marine Science and Engineering Guangdong Laboratory (Zhuhai); Guangdong Key Laboratory of Oceanic Civil Engineering; Guangdong Research Center for Underground Space Exploitation Technology; School of Civil Engineering, Sun Yat-Sen University, Guangzhou, PRC
Sažetak
Building Information Modeling (BIM) has been
acknowledged for promoting effectiveness and efficiency
in project planning and management activities
including design, bidding, and construction. Yet limited
effort has been made to investigate the impacts of BIM
implementation on corporate performance. Using the
financial information of 314 Architecture, Engineering,
and Construction (AEC) companies listed in the A-share
market of China, this paper examines the economic
benefits of BIM practice and assesses the influential
mechanism of BIM implementation at the corporation
level. The results reveal that BIM adoption contributes
to better corporate profitability, especially in non-stateowned
enterprises (non-SOEs). The positive impact of
BIM implementation on profitability is achieved by the
functions of promoting schedule efficiency and operation
cost reduction. However, high initial BIM investment
is still required in China’s AEC companies at the
current stage, and the effectiveness enhancement in corporation
management has not been realized. By providing
clear empirical evidence of the economic benefits of
BIM adoption from a corporation perspective, this study
might help improve top managers’ awareness, intention,
or support of future BIM utilization in China’s AEC
companies.
Ključne riječi
corporation performance; BIM; efficiency improvement; cost reduction
Hrčak ID:
266736
URI
Datum izdavanja:
21.3.2021.
Posjeta: 935 *