A Model Suggestion to Predict Leverage Ratio for Construction Projects

Due to the nature, construction is an industry with high uncertainty and risk. Construction industry carries high leverage ratios. Firms with low equities work in big projects through progress payment system, but in this case, even a small negative in the planned cash flows constitute a major risk...

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Bibliographic Details
Main Authors: Özlem Tüz, Şafak Ebesek
Format: Article
Language:English
Published: Isarder 2013-12-01
Series:İşletme Araştırmaları Dergisi
Subjects:
Online Access:http://isarder.org/isardercom/2013vol5issue4/vol.5_issue.4_article14_full_text.pdf