Evaluating the financial health of construction contractors

Proceedings of the Institution of Civil Engineers: Municipal Engineer

Volumn 159, Issue 3, 2006, Pages 161-166

  Singh, D ^a   Tiong, R L K ^a  

^a NANYANG TECHNOLOGICAL UNIVERSITY   (Singapore)

Author keywords

Economics finance; Mathematical modelling

Indexed keywords

COST BENEFIT ANALYSIS; DECISION MAKING; FINANCE; INDUSTRIAL ECONOMICS; PRODUCT DEVELOPMENT; QUALITY CONTROL;

CONSTRUCTION CLIENTS; CONTRACTORS; FINANCIAL HEALTH; FINANCIAL RATIOS;

CONSTRUCTION INDUSTRY;

CONSTRUCTION; COST-BENEFIT ANALYSIS; DECISION MAKING; FINANCIAL SYSTEM;

ASIA; EURASIA; SINGAPORE [SINGAPORE (NTN)]; SINGAPORE [SOUTHEAST ASIA]; SOUTHEAST ASIA;

EID: 33751035168     PISSN: 09650903     EISSN: 09650903     Source Type: Journal    
DOI: 10.1680/muen.2006.159.3.161     Document Type: Article

References (21)

1. BEAVER W. H. Financial ratios as predictors of failure. Empirical Research in Accounting: Selected Studies, 1966: Accounting Research, 1967, 71-111.
2. ALTMAN E. I. Financial ratios, discriminant analysis and the predication of corporate bankruptcy. Journal of Finance, 1968, 23, No. 4, 589-609.
3. EDMISTER R. A. An empirical test of financial ratio analysis for small business failure prediction. Journal of Financial and Quantitative Analysis, 1972, 7, No. 1, 1477-1493.
4. BLUM M. Failing company discriminant analysis. Accounting Research, 1974, 12, No. 1, 1-25.
5. OHLSON J. A. Financial ratios and probability of bankruptcy. Journal of Accounting Research, 1980, 18, No. 1, 109-131.
6. ALTMAN E. I. Predicting corporate bankruptcy: the Z-score model. In Corporate Financial Distress: A Complete Guide to Predicting, Avoiding and Dealing with Bankruptcy. John Wiley, New York, 1983, pp. 179-204.
7. TAFFLER R. J. The Z-score approach to measuring company solvency. The Accountant's Magazine, 1983, March, 91-96.
8. KEASEY K. and WATSON R. The prediction of small company failure: some behavioral evidence for the UK. Accounting and Business Research, 1986, Winter 49-57.
9. MASON R. J. and HARRIS F. C. Predicting company failure in the construction industry. Proceedings of the Institution of Civil Engineers, Part 1, 1979, 66, 301-307.
10. KANGARI R. Business failure in construction industry. Journal of Construction Engineering and Management, 1988, 114, No. 2, 172-190.
11. ABIDALI A. F. A Methodology for Predicting Company Failure in the Construction Industry. PhD thesis, Loughborough University of Technology, 1990.
12. RUSSELL J. S. and JASELSKIS E. J. Predicting construction contractor failure prior to contract award. Journal of Construction Engineering and Management, 1992, 118, No. 4, 791-811.
13. RAMSEY-DAWBER P. J. Of strategies, deliberate and emergent. In Reading in Strategic Management (ASCH D. and BOWMAN C., (eds))., Macmillan, London, 1989, pp. 5-19.
14. EDUM-FOTWE F., PRICE A. and THORPE A. A review of financial ratio tools for predicting contractor insolvency. Construction Management and Economics, 1996, 14, No. 3, 317-325.
15. KARELS G. V. and PRAKASH A. J. Multivariate normality and forecasting of business bankruptcy. Journal of Business Finance, 1987, 14, No. 4, 573-593.
16. HWANG C. L. and YOON K. S. Multiple Attributes Decision Making: Methods and Applications. Springer, New York, 1981.
17. ZELENY M. Multiple Criteria Decision Making. McGraw-Hill, New York, 1982.
18. SHANNON C. E. and WEAVER W. The Mathematical Theory of Communication. University of Illinois Press, Chicago, 1949.
19. EDWARDS W. Use of multiattribute utility measurement for social decision-making. In Conflicting Objectives in Decisions (BELL D. E., KEENEY R. L. and RAFFIA H., (eds))., Wiley, New York, 1977, pp. 247-276.
20. POMEROL J-C. and BARBA-ROMERO S. Multicriterion Decision in Management: Principles and Practice. Kluwer. Kluwer, London, 2000, pp. 54.
21. LANGFORD D., IYAGBA T. and KOMBA D. M. Prediction of solvency in construction companies. Construction Management and Economics, 1993, 11, No. 5, 317-325.