The financial structure and ethos of property companies: an empirical analysis

Richard Barkham

Construction Management and Economics, 1997, vol. 15, issue 5, 441-456

Abstract: Property companies are a key group in the economy of the built environment. The entrepreneurs that run property companies are responsible for initiating development projects and managing them. The risk incurred by participants in the development process, such as banks and construction firms, is related not only to the risk of the project being undertaken but also to the financial risk associated with the property company that initiates and manages the project. This paper attempts to develop a taxonomy of property companies, for consideration by decision makers in the construction industry in assessing the risk of being involved in a project.

Keywords: Property; Trading; Investment; Development; Gearing; Bank; Contractor; Cycle (search for similar items in EconPapers)
Date: 1997
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/014461997372818 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:conmgt:v:15:y:1997:i:5:p:441-456

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RCME20

DOI: 10.1080/014461997372818

Access Statistics for this article

Construction Management and Economics is currently edited by Will Hughes

More articles in Construction Management and Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().