C33 Edum-Fotwe (1996) Distributional Properties of Contractors' Financial Ratios (2).pdf (6.62 MB)
Distribution properties of contractors' financial ratios
conference contribution
posted on 2018-06-21, 13:13 authored by Francis Tekyi Edum-Fotwe, Andrew Price, Tony ThorpeTony ThorpeThe application of financial ratios for evaluating the performance of construction
contractors has received some considerable attention in academic research [..continues]. The central theme of this paper is that, although
this approach may be correct mathematically, it only goes to support the view· that
financial ratios are essentially not characterised by normal distributions. Identifying the
underlying distributions that characterise these financial ratios should-lead to a more
rational approach for developing efficient ratio models. To do this, the paper presents
an approach for investigating the distributional properties of the ratios, with the view to
utilising the identified distributions for estimating failure prediction models.
History
School
- Architecture, Building and Civil Engineering
Published in
Association of Researchers in Construction Management: 12th Annual Conference Association of Researchers in Construction Management: 12th Annual ConferencePages
247 - 256Citation
EDUM-FOTWE, F.T., PRICE, A.D.F. and THORPE, A., 1996. Distribution properties of contractors' financial ratios. IN: Proceedings of the Association of Researchers in Construction Management (ARCOM): Twelfth Annual Conference, Sheffield, pp. 247 - 256Publisher
ARCOMVersion
- 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
1996Notes
This is a conference paper. The original paper was first published by ARCOM as part of the Conference Proceedings.Language
- en