Highway Project Investment Risk Factors and its Mechanism: Empirical Studies Based on Structural Equation Model

Abstract:

For studying the mechanism of the influence of highway project investment risk factors, this paper identify the 12 key potential risk factors. In accordance with KMO test and Bartlet, the test is divided into three sources of risk: the idea of risk management, risk control environment and risk management control, which proposes theoretical models and hypotheses to the cross-bridge. China Railway 12th Bureau 21 units of 125 employees as an object of research, using structural equation model AMOS 18.0 statistics software to verify the theoretical model and research hypotheses. The results show that risk management concept and risk control environment have positive correlation, Concept of risk management and risk management control have positive relationship.There is a positive correlation between risk management and risk management controls. Based on the empirical research conclusion, it puts forward the corresponding countermeasures and suggestions.

• Periodical: Advanced Materials Research (Volumes 919-921)
• Pages: 1457-1461
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.919-921.1457
• Online since: April 2014
• Authors: Wen Zhong Zhao, Ling Ling Mu*, Nan An
• Keywords: Highway, Investment Risk, Structural Equation Model (SEM)

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