Abstract: This study distinguished the internal variables affecting the financial performance of construction companies in Egypt. A conceptual framework was formulated to investigate the most variables predict the performance of construction firms. Our survey targeted the medium and small size of construction companies in Egypt. Our study focused on survival, therefore, we have concerned about the profitability of the companies. We have selected our variables according to extensive reviews of literature and the status of construction field in Egypt. Therefore, we have shown that the suggested framework including these variables is useful to model the effect of internal variables on the performance of construction firms in Egypt. Therefore, our hypothesis have been enrolled. Our variables include Management practices (MP), Owner Manger characteristics (MC), Company characteristics (CC) and Construction Management Practices CM. Subsequently, to describe these variables, our study associate a wide range of the factors that affect the performance at medium and small scale of firms. These variables together with a single factor financial dependent variable “ROE”, were used to develop a conceptual framework that focusing in financial performance related to profitability. The statistical technique SPSS Package (20) has allowed us to investigate the direct total effect of these internal dimensions on the performance of construction companies. The presented results indicate that Management Practice MP and Construction Management Practices CMP are Predictive variables of financial performance of construction companies in Egypt. However, both dimensions of Managerial characteristics (MC), Company characteristics (CC) are not able to predict the performance of construction companies.
Keywords: Management Practices, construction firm, financial performance, Performance measurement system.
Title: Predictors for the Success and Survival of Construction Firms in Egypt
Author: Reem Khedr, Ahmed Mohamed Abdelalim
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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