Strategic Management Model for Megaproject Social Responsibility in Supply Chain: The Chinese International Contractor Perspective Operating in Thailand

Abstract

Megaprojects are complex ventures, large-scale engineering facility that provide basic public services for social production, economic development, and people’s livelihood, involving multiple stakeholders and having a profound impact of people and states, therefore, megaprojects are never just a magnified version of small projects. Substantial environmental and social problems are caused by construction projects. Early studies on megaproject social responsibility (MSR) were mainly limited to China’s megaprojects, and most of the studies on satisfaction focused on the economic impacts, the policies impact, or only considered the primary stakeholders. Hence, based on stakeholder theory and cognition theory, this study explores the influential factors of MSR and enterprise internationalization on satisfaction of environmental compensation mechanism in the context of Thailand and puts forward corresponding conclusions and countermeasures. The questionnaire was administrated to respondents two times. The first dispatched to 204 respondents for pilot study and used to check the reliability, validity, and make sure all respondents could understand the questionnaire. The second questionnaire was distributed to 398 respondents as used for final analysis by using factor analysis, Pearson correlation coefficients, multiple linear regression (MLR) etc. The results shown that the MSR positively affects the satisfaction of environmental compensation mechanism. Specifically, the stakeholder’s social responsibilities of four stages of megaproject with corresponding were unveiled. It was found that two stages of MSR (design stage and operating stage) have significant and positive effect on satisfaction. The two sectors of cognition of internationalization (international attitude and perceived behavioral control) have significant and positive effect on satisfaction as well. Furthermore, the results also shown that the MSR will affect the degree of stakeholder participation in environmental activities, and the public’s satisfaction with environmental compensation is positive related by the degree of stakeholder participation in environmental activities. This research is anticipated that investigating environmental compensation satisfaction model from the perspective of MSR would assist both international parties and policy makers, not only in Thailand but also other host countries, to better realize the formulation of sustainable development strategies and policies that meet the needs of the local public.

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