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Analyzing Relationships between Stock Prices and Business Performances of Construction Companies  

Kim Hee-Joon (한양대학교 대학원 건축공학과)
Kim Myung-Sun (한양대학교 산업대학원)
Kim Jae-Jun (한양대학교 건축공학부)
Publication Information
Korean Journal of Construction Engineering and Management / v.4, no.3, 2003 , pp. 76-84 More about this Journal
Abstract
The bankruptcy possibility of construction firms have been higher by the environment of current construction industry. Thus, converting management environment for growth into that for value or profit is required. Nowadays, funds of construction firms is almost provided by financial institutions. As the firms' size grow, they have a form of fund provision through the securities market; however, fair distribution for returns is not practiced by opening company. Especially, construction firms lost trust of Investor by lack of awareness to firm clearness, and then a vicious cycle of no effectiveness in fund provision through securities market is continued again. On this study correlation between stock quotations and primary financial factors of firms in order to grasp actual management condition in construction firms was analyzed. By this, the correlation between stock quotations and the result of firm management was provided. Also, necessity of firm's capital provision was explained, thus ways to ensure firm clearness was searched.
Keywords
Fluctuation in stock price; Construction Firm; Analysis of Business Management;
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  • Reference
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