Predicting Construction Contractor Default with Option-Based Credit Models—Models’ Performance and Comparison with Financial Ratio Models

Construction contractor evaluation is a critical issue in successfully completing a project. It is important for project owners and other stakeholders to identify potentially failing contractors and to avoid awarding them contracts. Previous studies developed construction contractor default predicti...

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Veröffentlicht in:Journal of construction engineering and management 2011-06, Vol.137 (6), p.412-420
Hauptverfasser: Tserng, H. Ping, Liao, Hsien-Hsing, Tsai, L. Ken, Chen, Po-Cheng
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Sprache:eng
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