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Ahmadu, H A, Ibrahim, Y M, Ibrahim, A D and Abdullahi, M (2015) Modelling building construction durations. Journal of Financial Management of Property and Construction, 20(01), 65-84.

Elazouni, A, Alghazi, A and Selim, S Z (2015) Finance-based scheduling using meta-heuristics: discrete versus continuous optimization problems. Journal of Financial Management of Property and Construction, 20(01), 85-104.

Khandelwal, M and Khanapuri, V (2015) Infrastructure debt fund policy framework in India – issues and challenges. Journal of Financial Management of Property and Construction, 20(01), 4-23.

Konno, Y (2015) An empirical analysis of the discontinuance of business for startup contractors and property companies in Japan. Journal of Financial Management of Property and Construction, 20(01), 50-64.

  • Type: Journal Article
  • Keywords: Japan; discontinuance; property company; start-up contractor
  • ISBN/ISSN:
  • URL: https://doi.org/10.1108/JFMPC-07-2014-0012
  • Abstract:
    Purpose – The purpose of this paper is to examine the factors that affect the discontinuance of business of start-up contractors and property companies in Japan. It will help managers of start-up contractors and property companies to effectively manage their companies. Furthermore, it will be useful for stakeholders with links to start-up companies to analyse the credit risks associated with these businesses. Design/methodology/approach – This study uses data from the Japan Finance Corporation Business Startup Panel Survey to empirically examine the factors that affect the discontinuance of business of start-up companies. A binary logit model is used as the statistical method. Utilising the resource-based view theory, this study explores the relationships between resources and company capabilities at both start-up and discontinuance of business. Findings – Start-up contractors tend to discontinue their business, as managers grow older and when a sufficient workforce cannot be found at start-up. On the other hand, start-up property companies tend to discontinue business when securing of orderers is not sufficient at start-up. Originality/value – This study analyses start-up contractors and property companies and finds that factors that affect the discontinuance of business differ across construction and property industries, with each industry facing important, sector-specific issues.

Olatunji, O A and Sher, W (2015) Estimating in geometric 3D CAD. Journal of Financial Management of Property and Construction, 20(01), 24-49.