Interactions between business and financial strategies of large engineering and construction firms

Journal of Management in Engineering

Volumn 22, Issue 3, 2006, Pages 148-155

  Yee, Chung Yan ^a   Cheah, Charles Y J ^a  

^a NANYANG TECHNOLOGICAL UNIVERSITY   (Singapore)

Author keywords

Accounting; Business management; Construction industry; Engineering firm; Risk management

Indexed keywords

CONSTRUCTION INDUSTRY; CORRELATION METHODS; DATA PRIVACY; INDUSTRIAL ECONOMICS; INFORMATION RETRIEVAL; INTERNATIONAL TRADE; INVESTMENTS; SOCIETIES AND INSTITUTIONS;

ACCOUNTING; BUSINESS MANAGEMENT; ENGINEERING FIRM; INTERNATIONALIZATION; PRODUCT/SERVICE DIVERSIFICATION;

RISK MANAGEMENT;

EID: 33745306663     PISSN: 0742597X     EISSN: None     Source Type: Journal    
DOI: 10.1061/(ASCE)0742-597X(2006)22:3(148)     Document Type: Review

References (31)

1. Barton, S. L., and Gordon, P. J. (1987). "Corporate strategy: Useful perspective for the study of capital structure?" Acad. Manage. Rev. 12(1), 67-75.
2. Barton, S. L., and Gordon, P. J. (1988). "Corporate strategy and capital structure." Strategic Manage. J., 9(6), 623-632.
3. Berger, P. G., and Ofek, E. (1995). "Diversification's effect on firm value." J. Financ. Econ., 37(1), 39-65.
4. Betts, M., and Ofori, G. (1992). "Strategic planning for competitive advantage in construction." Constr. Manage. Econom., 10(6), 511-532.
5. Burgman, T. A. (1996). "An empirical examination of multinational corporate capital structure." J. Int. Business Stud., 27(3), 553-570.
6. Caves, R. E. (1996). Multinational enterprise and economic analysis, 2nd Ed., Cambridge University Press, Cambridge, Mass.
7. Cheah, C. Y. J., and Garvin, M. J. (2004a). "An open framework for corporate strategy in construction." Eng., Constr., Archit. Manage., 11(3), 176-188.
8. Cheah, C. Y. J., and Garvin, M. J. (2004b). "Gauging the strategic performance of public and private sector enterprises with financial data." Specialty Conf. on Leadership and Management in Construction Hilton Head, S.C., 247-256.
9. Cheah, C. Y. J., Garvin, M. J., and Miller, J. B. (2004). "Empirical study of strategic performance of global construction firms." J. Constr. Eng. Manage., 130(6), 808-817.
10. Chinowsky, P. S. (2000). Strategic corporate management for engineering, Oxford University Press, New York.
11. Chkir, I. E., and Cosset, J. (2001). "Diversification strategy and capital structure of multinational corporations." Int. Region. Sci. Rev., 11(1), 17-37.
12. Comment, R., and Jarell, G. A. (1995). "Corporate focus and stock returns." J. Financ. Econ., 37(1), 67-87.
13. Fatemi, A. M. (1988). "The effect of international diversification on corporate financing policy." J. Bus. Res., 16(1), 17-30.
14. Gluck, F. (1985). "A fresh look at strategic management." J. Bus. Strategy, 6(2), 4-19.
15. Grinblatt, M., and Titman, S. (1998). Financial markets and corporate strategy, 1st Ed., Irwin/McGraw Hill, Boston, Mass.
16. Jones, G. R., and Hill, C. W. L. (1988). "Transaction cost analysis of strategy-structure choice." Strategic Manage. J., 9(2), 159-172.
17. Kale, S., and Arditi, D. (2002). "Competitive positioning in united states construction industry." J. Constr. Eng. Manage., 128(3), 238-247.
18. Lewellen, W. G. (1971). "A pure financial rationale for the conglomerate merger." J. Financ., 26(2), 521-537.
19. Low, P. Y., and Chen, K. H. (2004). "Diversification and capital structure: Some international evidence." Rev. Quant. Finance Account., 23(1), 55-71.
20. Lowe, J., Naughton, T., and Taylor, P. (1994). "The impact of corporate strategy on the capital structure of Australian companies." Manage. Dec. Econ., 15(3), 245-257.
21. McDougall, F. M., and Round, D. K. (1984). " A comparison of diversifying and nondiversifying Australian industrial firms.. " Acad. Manage J., 27 (2), 384-398.
22. Michel, A., and Shaked, I. (1986). " Multinational corporations vs. domestic corporations: Financial performance and characteristics.. " J. Int. Business Stud., 17 (3), 89-100.
23. Porter, M. E. (1985). Competitive advantage: Creating and sustaining superior performance, Free Press, New York.
24. Reeb, D. M., Kwok, C. C. Y., and Baek, H. Y. (1998). " Systematic risk of the multinational corporation.. " J. Int. Business Stud., 29 (2), 263-279.
25. Reilly, F. K., and Brown, K. C. (2000). Investment analysis and portfolio management, 6th Ed., South-Western Thomson Learning, Cincinnati.
26. Rumelt, R. P., Schendel, D. E., and, Teece, D. J., eds. (1994). Fundamental issues in strategy, Harvard Business School Press, Boston.
27. Venegas, P. C., and Alarcón, L. F. C. (1997). " Selecting long-term strategies for construction firms.. " J. Constr. Eng. Manage., 123 (4), 388-398.
28. Volberda, H. W., and, Elfring, T., eds. (2001). Rethinking strategy, SAGE Publications, London.
29. Warszawski, A. (1996). " Strategic planning in construction companies.. " J. Constr. Eng. Manage., 122 (2), 133-140.
30. White, G. I., Sondhi, A. C., and Fried, D. (1997). The analysis and use of financial statements, 2nd Ed., Wiley, New York.
31. Yates, J. K. (1995). " Competition beyond the year 2000 in the E&C industry.. " Eng. Manage. J., 7 (1), 33-37.