Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange Norms

Trust and control are the two main governance mechanisms in megaprojects. However, the role of social exchange norms in trust and control governance remains unclear. Based on social exchange theory, we explored the impact of control and trust on megaproject success by considering the mediating effec...

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Main Authors: Dedong Wang, Shaoze Fang, Hongwei Fu
Format: Article
Language:English
Published: Wiley 2019-01-01
Series:Advances in Civil Engineering
Online Access:http://dx.doi.org/10.1155/2019/4850921
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author Dedong Wang
Shaoze Fang
Hongwei Fu
author_facet Dedong Wang
Shaoze Fang
Hongwei Fu
author_sort Dedong Wang
collection DOAJ
description Trust and control are the two main governance mechanisms in megaprojects. However, the role of social exchange norms in trust and control governance remains unclear. Based on social exchange theory, we explored the impact of control and trust on megaproject success by considering the mediating effect of social exchange norms, which include reciprocity, negotiation, and information sharing. Partial least squares structural equation modeling was used to test the hypotheses based on data collected from 155 respondents. Results show that control and trust have positive effects on megaproject success. Trust can promote social exchange norms. That is, the higher the level of trust is, the greater the likelihood that reciprocity, negotiation, and information sharing will increase. Control does not have a significant impact on social exchange norms. Social exchange norms have a mediating effect on the relationship between trust and megaproject success but not on the link between control and megaproject success. Our findings fill in the gaps in the literature on megaproject governance and contribute to the development of megaproject management theory, which can help project managers understand the motivation orientations of all parties to make decisions wisely and rationally under complex environments.
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spelling doaj-art-d9e95cd717b54064be4c15690cd5e5392025-08-20T03:24:24ZengWileyAdvances in Civil Engineering1687-80861687-80942019-01-01201910.1155/2019/48509214850921Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange NormsDedong Wang0Shaoze Fang1Hongwei Fu2School of Management Engineering, Shandong Jianzhu University, Jinan 250101, ChinaSchool of Management Engineering, Shandong Jianzhu University, Jinan 250101, ChinaSchool of Management Engineering, Shandong Jianzhu University, Jinan 250101, ChinaTrust and control are the two main governance mechanisms in megaprojects. However, the role of social exchange norms in trust and control governance remains unclear. Based on social exchange theory, we explored the impact of control and trust on megaproject success by considering the mediating effect of social exchange norms, which include reciprocity, negotiation, and information sharing. Partial least squares structural equation modeling was used to test the hypotheses based on data collected from 155 respondents. Results show that control and trust have positive effects on megaproject success. Trust can promote social exchange norms. That is, the higher the level of trust is, the greater the likelihood that reciprocity, negotiation, and information sharing will increase. Control does not have a significant impact on social exchange norms. Social exchange norms have a mediating effect on the relationship between trust and megaproject success but not on the link between control and megaproject success. Our findings fill in the gaps in the literature on megaproject governance and contribute to the development of megaproject management theory, which can help project managers understand the motivation orientations of all parties to make decisions wisely and rationally under complex environments.http://dx.doi.org/10.1155/2019/4850921
spellingShingle Dedong Wang
Shaoze Fang
Hongwei Fu
Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange Norms
Advances in Civil Engineering
title Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange Norms
title_full Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange Norms
title_fullStr Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange Norms
title_full_unstemmed Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange Norms
title_short Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange Norms
title_sort impact of control and trust on megaproject success the mediating role of social exchange norms
url http://dx.doi.org/10.1155/2019/4850921
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