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Strategies of Construction Business Management Using Survival Analysis: Focusing on Management Status Factor, Business Diversification Inside and Outside Construction Works

Lee Moosong 1 Yu, Jung Suk 2

1대한건설협회
2단국대학교

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ABSTRACT

The purpose of this study is to analyze the factors affecting the survival and bankruptcy of construction companies and to find a suitable business portfolio within the construction industry. First, the net sales margin, interest compensation ratio etc. are positively related to the survival rate of construction companies. These factors were found to be more sensitive to small sized construction companies. Second, construction companies with both civil engineering works and building works business show the highest survival rate, followed by civil engineering works, building works and others. Third, the companies with construction business and other industry business show the higher survival rate rather than other business portfolio. There was no significant difference in the survival rate among the pure construction companies and the companies with construction and other businesses.

Citation status

* References for papers published after 2023 are currently being built.