Towards the Redevelopment of Theory

Patricia M. Hillebrandt, Jacqueline Cannon and Peter Lansley
Additional contact information
Patricia M. Hillebrandt: University of Reading
Jacqueline Cannon: Construction Forecasting and Research Ltd
Peter Lansley: University of Reading

Chapter 10 in The Construction Company in and out of Recession, 1995, pp 147-171 from Palgrave Macmillan

Abstract: Abstract The first book in this series: The Management of Construction Firms: Aspects of Theory,1 offered a number of theoretical approaches from different disciplines which help to analyse and explain the decision-making processes in large construction companies. The second book: The Modern Construction Firm2 examined the way companies behaved in the mid 1980s — a period of the early stage of the boom, a time of great optimism, growth and expansion. It considered also the relevance of theory to the actual behaviour of companies. Having examined the situation during and after a major recession in the industry, it is appropriate to look again at theory to see how relevant it is both in boom and slump and how progress may be made in developing a better understanding of the basic principles underlying the industry’s operations.

Keywords: Construction Industry; Market Supply; Industry Book; Cash Surplus; Construction Firm (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24195-8_10

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DOI: 10.1007/978-1-349-24195-8_10

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