C33 Edum-Fotwe (1996) Distributional Properties of Contractors' Financial Ratios (2).pdf (6.62 MB)
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Distribution properties of contractors' financial ratios

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conference contribution
posted on 21.06.2018, 13:13 by Francis Tekyi Edum-Fotwe, Andrew Price, Tony Thorpe
The 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 Conference

Pages

247 - 256

Citation

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 - 256

Publisher

ARCOM

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

1996

Notes

This is a conference paper. The original paper was first published by ARCOM as part of the Conference Proceedings.

Language

en

Location

Sheffield