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De Silva, N, Darmicka, R and Fernando, E (2014) Impact of foreign workforce on productivity in foreign-funded infrastructure projects. Journal of Financial Management of Property and Construction, 19(02), 168-83.

Konno, Y (2014) An empirical analysis of the exit of SMEs tendering for public works in the Japanese construction industry. Journal of Financial Management of Property and Construction, 19(02), 101-16.

  • Type: Journal Article
  • Keywords: evaluation; construction companies; bid; public work; tendering decisions
  • ISBN/ISSN:
  • URL: https://doi.org/10.1108/JFMPC-09-2013-0040
  • Abstract:
    Purpose – The purpose of this study is to examine what factors affect the exit of small and medium-sized enterprises (SMEs) from tendering for public works in the Japanese construction industry using the Keiei Jikou Sinsa or Keisin (the database for evaluation of construction companies in Japan). Design/methodology/approach – This study empirically analyzes SMEs’ exit using the binary logit model. For the empirical analysis, it uses the scores as well as financial and non-financial performance indicators of Keisin data. Findings – The Keisin scores (the total score and W score), financial performance indicators (cash flow from operations and capital) and non-financial performance indicators (having unemployment insurance and operating years) significantly affect SME exits. Although the Keisin data are used for bid entry qualifications of public works, they can be applied to a factor analysis of the exit of SMEs in the construction industry. Originality/value – As there exists little empirical analysis of the exit of SMEs globally, this study contributes to the research on this phenomenon.

Maqsoom, A and Charoenngam, C (2014) Motives and competitive assets of Pakistani international construction contracting firms: Impact of size and international experience. Journal of Financial Management of Property and Construction, 19(02), 138-51.

McCluskey, W J, Zulkarnain, D D and Kamarudin, N (2014) Boosted regression trees: An application for the mass appraisal of residential property in Malaysia. Journal of Financial Management of Property and Construction, 19(02), 152-67.

McCord, J, McCord, M, McCluskey, W, Davis, P T, McIlhatton, D and Haran, M (2014) Effect of public green space on residential property values in Belfast metropolitan area. Journal of Financial Management of Property and Construction, 19(02), 117-37.