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Keywords: Payment delays
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Journal Articles
Journal of Financial Management of Property and Construction (2012) 17 (2): 166–175.
Published: 27 July 2012
... for construction insolvencies are found to be: financial difficulties due to non‐payment, poor debt management, drop in property prices, and the liquidation of related companies. Other reasons are discussed within the paper. The paper also illustrates that liquidation of construction firms causes payment delays...
