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Bell, L C and McCullouch, B G (1988) Bar Code Applications in Construction. Journal of Construction Engineering and Management, 114(02), 263–78.

Hinze, J and Parker, R (1988) Productivity Study on Extruded Concrete Curbing Operations. Journal of Construction Engineering and Management, 114(02), 256–62.

Hinze, J and Raboud, P (1988) Safety on Large Building Construction Projects. Journal of Construction Engineering and Management, 114(02), 286–93.

Ioannou, P G (1988) Bidding Models—Symmetry and State of Information. Journal of Construction Engineering and Management, 114(02), 214–32.

Kangari, R (1988) Business Failure in Construction Industry. Journal of Construction Engineering and Management, 114(02), 172–90.

  • Type: Journal Article
  • Keywords: Construction industry; Bankruptcy; Economic factors; Mathematical models; Ratio; Forecasting;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(1988)114:2(172)
  • Abstract:
    Business failure is an extremely disruptive force in the construction industry. The chance of failure for a construction company has increased over the past 10 years. In the past five years, the average age of a construction company at failure has been declining. Construction companies must always be aware of the possibility of business failure. Constant monitoring of their financial condition through the use of financial ratios is key. Overall industry indicators must also be monitored and trends analyzed to determine swings in failure probabilities. This paper investigates the effect of macroeconomic factors on business failures in the construction industry, and develops a model for evaluating and forecasting these failures.

Okpala, D C and Aniekwu, A N (1988) Causes of High Costs of Construction in Nigeria. Journal of Construction Engineering and Management, 114(02), 233–44.

Riggs, L S (1988) Educating Construction Managers. Journal of Construction Engineering and Management, 114(02), 279–85.

Sanvido, V E (1988) Conceptual Construction Process Model. Journal of Construction Engineering and Management, 114(02), 294–310.

Thomas, H R and Willenbrock, J H (1988) Managing Construction Research at Universities. Journal of Construction Engineering and Management, 114(02), 245–55.

Tucker, R L (1988) Perfection of the Buggy Whip. Journal of Construction Engineering and Management, 114(02), 157–71.

Whiteman, W E and Irvvig, H G (1988) Disturbance Scheduling Technique for Managing Renovation Work. Journal of Construction Engineering and Management, 114(02), 191–213.