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A survey of contractors' corporate planning and financial budgeting
The authors found that contracting-only firms were more vunerable in cases of inaccurate budgets; fluctuations in working capital could lead to the bankruptcy of a contractor who could not raise loans quickly. Two reasons were identified as the cause of inaccurate budgets: forecasting on an overall basis and the inability to take into account accurately variations in strategies and the environment.
A survey of contractors' corporate planning and financial budgeting
The authors found that contracting-only firms were more vunerable in cases of inaccurate budgets; fluctuations in working capital could lead to the bankruptcy of a contractor who could not raise loans quickly. Two reasons were identified as the cause of inaccurate budgets: forecasting on an overall basis and the inability to take into account accurately variations in strategies and the environment.
A survey of contractors' corporate planning and financial budgeting
Kaka, Ammar P. (Autor:in) / Price, Andrew D. (Autor:in)
Building Research & Information ; 22 ; 174-182
01.05.1994
9 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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