CONSTRUCTION FINANCIAL MANAGEMENT

Construction Financial Management



Construction Financial Management

Reasons of the failure of construction business

The correct failure prediction of UK construction companies is particularly important. Over 100 years, financial ratios have been the main sources of company assessment. A ratio is usually defined as a proportion of one (or more than one) accounting figure to another (or more than one) accounting figure. The advantage of using ratios is that a ratio has no dependence on company's size. The common techniques based on financial ratios for company failure prediction are LDA, LR, BPNN, unsupervised self-organization neural network and PNN. Because these techniques ...