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Author(s): Agubolom O. I., Ihuah P. W..

Volume/Issue: Volume 5, Issue 3 (2025)

Page No: 41-49

Journal: Journal of Advanced Research and Multidisciplinary Studies (JARMS)

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Abstract:

The study examined the challenges of stakeholder behavior in the commercial property development process within selected Akpor communities of Obio/Akpor Local Government Area, Rivers State, Nigeria. It was driven by growing complexities in stakeholder interactions, conflicting interests, and behavioral issues affecting efficiency, cost, and sustainability of development projects. Using a descriptive survey design, data were obtained from 290 valid responses representing developers, landowners, government officials, construction professionals, financiers, and community leaders; drawn from a total sample of 384 respondents through stratified random sampling (75% response rate). Data were analyzed using descriptive statistics of mean scores and relative importance index (RII) to rank key behavioral challenges. Findings revealed that poor communication, conflicting interests, inadequate community engagement, weak institutional coordination, and low regulatory compliance were the most critical behavioral challenges. These factors significantly impacted project timelines, costs, and sustainability. The absence of trust and effective collaboration mechanisms further exacerbated conflicts and reduced transparency in project delivery. The study concluded that stakeholder behavior is central to project success and should be strategically managed to improve efficiency and social acceptance. It recommends inclusive stakeholder engagement frameworks, stronger institutional coordination, strict adherence to ethical and regulatory standards, and transparent communication channels to reduce behavioral conflicts and promote sustainable commercial property development.

Keywords:

Challenges, Collaboration, Stakeholder Behavior, Commercial Property Development, Akpor Communities.

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