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Article

Exploring the Decisive Risks of Green Development Projects by Adopting Social Network Analysis under Stakeholder Theory

1
Department of Construction Management, Dalian University of Technology, Dalian 116024, China
2
School of Business, Dalian University of Technology, Panjin 124221, China
3
Department of Civil Engineering, Beihua University, Jilin 132013, China
4
Institute of Innovation and Circular Economy, Asia University, Taichung 41354, Taiwan
5
Department of Industrial Engineering, De La Salle University, Manila 1004, Philippines
*
Author to whom correspondence should be addressed.
Sustainability 2018, 10(6), 2104; https://doi.org/10.3390/su10062104
Received: 23 April 2018 / Revised: 14 June 2018 / Accepted: 17 June 2018 / Published: 20 June 2018
The Belt and Road initiatives related to green development projects are being increasingly considered globally. However, such projects face several risks resulting from stakeholder diversity. Although previous studies attempted to identify the risks caused by stakeholders, they found it difficult to provide a precise boundary to separate the risks attributable to a single stakeholder. This study adopts social network analysis to explore the decisive risks attributed to each stakeholder by considering a project’s stage. The results reveal that contractors take on the most risk and, thus, require real-time monitoring. Furthermore, all stakeholders need to collaborate with one another during the implementation stage of a project to mitigate the occurrence of risk. This study makes three contributions: it (1) provides a theoretical basis for enhancing the understanding of stakeholder theory; (2) offers specific guidelines for monitoring risks; and (3) enables stakeholders to understand their duties in controlling risks. Detailed discussions are provided in the remainder of the manuscript. View Full-Text
Keywords: stakeholder theory; green development project; risk; social network analysis stakeholder theory; green development project; risk; social network analysis
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MDPI and ACS Style

Ma, L.; Wang, L.; Wu, K.-J.; Tseng, M.-L.; Chiu, A.S.F. Exploring the Decisive Risks of Green Development Projects by Adopting Social Network Analysis under Stakeholder Theory. Sustainability 2018, 10, 2104. https://doi.org/10.3390/su10062104

AMA Style

Ma L, Wang L, Wu K-J, Tseng M-L, Chiu ASF. Exploring the Decisive Risks of Green Development Projects by Adopting Social Network Analysis under Stakeholder Theory. Sustainability. 2018; 10(6):2104. https://doi.org/10.3390/su10062104

Chicago/Turabian Style

Ma, Li, Lin Wang, Kuo-Jui Wu, Ming-Lang Tseng, and Anthony S. F. Chiu. 2018. "Exploring the Decisive Risks of Green Development Projects by Adopting Social Network Analysis under Stakeholder Theory" Sustainability 10, no. 6: 2104. https://doi.org/10.3390/su10062104

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