general contractorsfinancial policiescommercial constructionThe number of business failures in the U.S.construction industry is significant.Over the past several decades,construction businesses have gone bankrupt at one of the highest rates of all U.S.business entities.Cash flow problems are one of the...
This paper presents a qualitative analysis of the cash flow policies targeting commercial general contractors in the southeastern United States, whose annual volumes are between 250 million and 1.5 billion. Policies are examined with respect to the cost of construction financing, p...