Empirical Study on the Obstacles to the Success of Joint Ventures in Construction Projects

Table 7

Results of the factor analysis.

Components and variable groupings	Factor loading	Eigenvalue	Percentage of the variance explained	Cumulative percentage of the variance explained
Factor 1: unfair and noneffective management		6.481	38.131	38.131
V17	0.794
V16	0.784
V11	0.736
V13	0.693
V14	0.691
V15	0.653
V12	0.614
Factor 2: lack of communication, understanding, and mutual trust		1.776	10.454	48.585
V4	0.817
V6	0.774
V5	0.769
V1	0.556
V3	0.402
Factor 3: policy, management style, and organizational cultural differences		1.541	9.071	57.652
V9	0.847
V10	0.681
V7	0.646
V8	0.604
Factor 4: potential conflicts beyond CJV partnerships		1.062	6.242	63.897
V2	0.921