Show simple item record

dc.contributor.authorEdwards, D.
dc.contributor.authorOwusu-Manu, D.
dc.contributor.authorBaiden, B.
dc.contributor.authorBadu, E.
dc.contributor.authorLove, Peter
dc.identifier.citationEdwards, D. and Owusu-Manu, D. and Baiden, B. and Badu, E. and Love, P. 2017. Financial distress and highway infrastructure delays. Journal of Engineering, Design and Technology. 15 (1): pp. 118-132.

© 2017, © Emerald Publishing Limited. Purpose: In developing countries, delays in highway infrastructure projects caused by financial distress-related factors threaten the construction industry’s capacity to contribute optimally to economic development. Against this backdrop, this paper aims to determine factors contributing to financial distress and develops a conceptual framework to illustrate the relationship between financial distress and project delay. Design/methodology/approach: A questionnaire survey collected data on factors that contributed to financial distress and delays in highway infrastructure delivery. In total, 78 responses were obtained, and factor analysis revealed that factors associated with payment, project financing, cash flow, economic issues, project planning and cost control influenced project delays. Findings: The research identifies the importance of efficient public and private policies to engender financial sustainability among construction firms in developing countries. Originality/value: This work presents the first research of its kind and strives to engender wider academic debate and renewed economic development in some of the world’s most impoverished nations.

dc.publisherEmerald Group Publishing Limited
dc.titleFinancial distress and highway infrastructure delays
dc.typeJournal Article
dcterms.source.titleJournal of Engineering, Design and Technology
curtin.departmentDepartment of Civil Engineering
curtin.accessStatusFulltext not available

Files in this item


There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record