C19 Edum-Fotwe (1995) Transformed financial ratio models for improved contractor evaluation.pdf (3.36 MB)

Transformed financial ratio models for improved contractor evaluation

Download (3.36 MB)
conference contribution
posted on 31.01.2017, 12:12 by Francis Tekyi Edum-Fotwe, Andrew Price, Tony Thorpe
The application of financial ratio models for contractor evaluation has been used to provide an overall perspective of a contractor's potential for failure, and to serve as a basis for the contractor's strategic planning. The poor performance of such models has prompted concern over their suitability for such evaluations. The inefficiency of ratio models has been associated with two factors: data quality for model estimation; and the range of classifications that the models can achieve. Analysis with thirty-three basic ratio samples showed that most ratios do not conform to the normality condition required to satisfy the technique for their estimation. Two transformation approaches are proposed to enhance the data quality and to expand the classification range for developing improved ratio models.

History

School

  • Architecture, Building and Civil Engineering

Published in

First International Conference on Construction Project Management: Innovation and Dynamism for Future Prosperity First International Conference on Construction Project Management: Innovation and Dynamism for Future Prosperity

Pages

559 - 567

Citation

EDUM-FOTWE, F., PRICE, A. and THORPE, A., 1995. Transformed financial ratio models for improved contractor evaluation. IN: Proceedings of 1995 1st International Conference on Construction Project Management: innovation and dynamism for future prosperity, Singapore, January 1995, pp.559-567.

Publisher

Nanyang Technological University

Version

VoR (Version of Record)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Publication date

1995

ISBN

9789810060008;9810060009

Publisher version

Language

en

Location

Singapore

Exports

Logo branding

Exports