...Ping Yung; Abdullahi B. Saka; Sam Edward Caborn Purpose This paper examines macroeconomic factors affecting insolvency level in the UK construction industry. Design/methodology/approach A lagged dependent variable (LDV) model is proposed which adequately addressed the serial correlation...

...Sangki Kim; Sanghyo Lee; Jaejun Kim Purpose This study aims to analyze the relationship between the financial crisis of Korean construction firms and macroeconomic fluctuations. Design/methodology/approach In this study, current ratio has been used an acting variable for liquidity ratio...