• Title/Summary/Keyword: construction firm

Search Result 249, Processing Time 0.024 seconds

Factors Affecting Business Performance of Construction Enterprises Listed on Vietnam Stock Markets

  • DANG, Thanh Cuong;TRINH, Thi Hang;BANH, Thi Thao;NGUYEN, Thi Yen
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.9 no.9
    • /
    • pp.49-59
    • /
    • 2022
  • Based on assessing the impact of factors on the business efficiency of construction enterprises, the research team proposes policy implications to improve the business performance of listed construction enterprises in Vietnam in the coming time. The study used secondary data collected from the audited financial statements of 25 enterprises listed on Vietnam's stock market in the period 2015-2021 to estimate the factors affecting the business performance of construction enterprises. After collecting, the data will be encrypted and checked. The article uses a quantitative research method by using a linear regression model on Eviews 10 to analyze the data and analyze the impact of factors on the business performance of construction enterprises listed on Vietnam's stock market. The research result shows that firm size and growth rate positively affect business performance while capital structure, receivable management, fixed asset investment, and economic growth have a positive impact on the business performance of construction companies listed on the Vietnamese stock market. Based on this result, the paper also makes recommendations to the Vietnamese construction companies to enhance their business performance.

A Framework of Server-Based BIM System for Architectural Design firm (설계사무소 운용을 위한 Server기반 BIM 통합정보시스템 프레임워크 개발)

  • Cho, Jae-Keun;Kim, Yeon-Soo;Mha, Young-Kyun
    • Journal of KIBIM
    • /
    • v.3 no.2
    • /
    • pp.10-18
    • /
    • 2013
  • In the architectural design industry recent BIM system was introduced to the vast amount of information generated by the process, who need it and require the need to manage the construction of information related to production, storage, delivery. In addition, for the project to perform the work involved collaboration between organizations is essential. The purpose of this study was to BIM standard for the system to effectively utilize BIM technology and development of the BIM business support collaboration system, to establish a BIM application environment, a variety of information in the field of architectural design that can be used practically efficient transcription.

Improvement of the Design-Build Bidding in the Domestic Construction Industry (국내 설계시공일괄입찰방식 개선방안)

  • Kim Su-Hyun;Jeon Min-Jeong;Koo Kyo-Jin;Hyun Chang-Taek
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • autumn
    • /
    • pp.410-413
    • /
    • 2003
  • In order to build up competitive power in construction market and to cope with international policy, Design-Build bidding is one of the viable bidding system, encouraging collaboration between design office and building construction firm. Design-Build is a promising delivery system to help expediting schedules, saving costs, and improving Quality. However, the problems of Design-Build project in the domestic construction industry are not to be able to take advantages of fast-tracking and value engineering process, because of the problems of inappropriate system and participants' inexperience. The purpose of this study is to suggest alternatives for Design-Build bidding of public sector in the domestic construction industry in the costs, quality and time aspect.

  • PDF

A Study on the tension of Geogid on Pile-supported Construction Method (성토지지말뚝공법 중 섬유보강재의 인장력 검토에 관한 연구)

  • Moon, In-Ho;Park, Jong-Gwan;Lee, Il-Wha
    • Proceedings of the KSR Conference
    • /
    • 2008.11b
    • /
    • pp.905-917
    • /
    • 2008
  • Road or Railway construction over soft ground is needed to be considered on secondary consolidation which will be caused differential settlement, lack of transport serviceability, higher maintenance cost. Especially for the railway construction in the second phase of Gyung-Bu or Ho-Nam high speed railway, concrete slab track has been adapted as a safe and cost effective geotechnical solution. In this case controlling the total settlement under the tolerance is essential. And pile supported geogrid reinforced construction method is suggested as a solution for the problem of the traditional method on soft soil treatments. Pile supported geogrid reinforced construction method consists of piles that are designed to transfer the load of the embankment through the compressible soil layer to a firm foundation. The load from the embankment must be effectively transferred to the piles to prevent punching of the piles through the embankment fill creating differential settlement at the surface of the embankment. The arrangement of the piles can create soil arching to carry the load of embankment to the piles. In order to minimize the number of piles geogrid reinforced pile supported construction method is being used on a regular basis. This method consists of one or more layers of geogrid reinforcement placed between the top of the piles and the bottom of the embankment. This paper presents several methods of pile supported geogrid reinforced construction and calculation results from the several methods and comparison of them.

  • PDF

THREE-STAGED RISK EVALUATION MODEL FOR BIDDING ON INTERNATIONAL CONSTRUCTION PROJECTS

  • Wooyong Jung;Seung Heon Han
    • International conference on construction engineering and project management
    • /
    • 2011.02a
    • /
    • pp.534-541
    • /
    • 2011
  • Risk evaluation approaches for bidding on international construction projects are typically partitioned into three stages: country selection, project classification, and bid-cost evaluation. However, previous studies are frequently under attack in that they have several crucial limitations: 1) a dearth of studies about country selection risk tailored for the overseas construction market at a corporate level; 2) no consideration of uncertainties for input variable per se; 3) less probabilistic approaches in estimating a range of cost variance; and 4) less inclusion of covariance impacts. This study thus suggests a three-staged risk evaluation model to resolve these inherent problems. In the first stage, a country portfolio model that maximizes the expected construction market growth rate and profit rate while decreasing market uncertainty is formulated using multi-objective genetic analysis. Following this, probabilistic approaches for screening bad projects are suggested through applying various data mining methods such as discriminant logistic regression, neural network, C5.0, and support vector machine. For the last stage, the cost overrun prediction model is simulated for determining a reasonable bid cost, while considering non-parametric distribution, effects of systematic risks, and the firm's specific capability accrued in a given country. Through the three consecutive models, this study verifies that international construction risk can be allocated, reduced, and projected to some degree, thereby contributing to sustaining stable profits and revenues in both the short-term and the long-term perspective.

  • PDF

Measuring Management Efficiency of Architectural Firms in Korea using DEA/AR Models (DEA-AR 모형을 활용한 건축사사무소의 효율성 비교분석)

  • Kim, Sung-Sik;Park, Jung-Lo;Kim, Ju-Hyung;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2012.11a
    • /
    • pp.125-126
    • /
    • 2012
  • Domestic architect office from a period of high growth from the 1970s to the '80s has been established as some of the large corporations or publicly traded corporation. 1997 IMF has pointed out there is a lot of need for improvement activities in accordance with the construction recession since the 2008 global financial crisis. In order to address these causes, the company's continuous efficient operation for accurate efficiency and competitiveness analysis was required. Leverage financial ratio indicators Study Using Data Envelopment Analysis Data Envelopment Analysis (DEA) model, how to find a benchmark for the improvement of the efficiency of inefficient enterprises in various sectors being. In this study, a comparison of the conventional DEA model and the DEA-AR model is used to analyze the efficiency and domestic architect office is to improve the management efficiency.

  • PDF

A Study on the Collapse Accidents of the Temporary Structures (가설구조물의 붕괴재해에 관한 연구)

  • 백신원;최순주
    • Journal of the Korean Society of Safety
    • /
    • v.14 no.4
    • /
    • pp.142-147
    • /
    • 1999
  • Formwork is a temporary structure that supports its own weight and that of the freshly placed concrete as well as construction live loads including materials, equipments, and workmen. In designing and building formwork, the contractor should plan for economical construction without sacrificing quality or safety. But these temporary structures sometimes collapse during the concrete placing. Among the accidents and failures that occur during concrete construction, many are formwork failures, which usually happen at the time concrete is being placed. Generally some unexpected events cause one member to give way, then others become overloaded or misaligned and the whole formwork structure collapses. In this study, formwork failure events from 1994 to 1997 are analyzed using the structural analysis program. So the causes of the respective formwork failure are explored. Therefore, the present study provides a firm base to design the temporary structures such as formwork.

  • PDF

Tectonic Strategies in Architectonic Fashion Design (건축적 패션 디자인의 구조적 전략)

  • Yim, Eunhyuk
    • Journal of Fashion Business
    • /
    • v.18 no.1
    • /
    • pp.164-181
    • /
    • 2014
  • As the boundary between fashion and architecture is getting blurred, the interactions of the two fields are turning out abundant as well as essential. This study investigates the tectonic strategies in architectural fashion design as a novel aesthetic in the 21st century by combining literary survey and case analysis on architecture and contemporary fashion. The tectonic strategies in the works of architectural fashion designers were categorized as follows: organic geometry, technological garment construction, and independent space. Organic geometry transforms basic geometric shapes into subtle organic forms after being thrown on the body. Technological garment construction explores the garment structure and volume by applying the structural principle of suspension and fractal geometry. Independent space refers to maintaining the firm three-dimensionality of garment structure which keeps the distance from the body, assuming the similarity to architecture.

A Study on the Effective Utilization of Sealing Methods for Waterproof (방수공사에 있어서 실링공법의 효율적 활용을 위한 개선 - 견적을 중심으로 -)

  • Kim, Chong-Woen;Lee, Kyoo-Hyun;Choi, In-Sung
    • Journal of the Korea Institute of Building Construction
    • /
    • v.5 no.2 s.16
    • /
    • pp.147-152
    • /
    • 2005
  • The purpose of this study is to present a rational approach for estimating the unit price and the amounts of sealing materials of the sealing works. This approach, considering field conditions and sealing materials' characteristics, can optimize the cost of the sealing works as well as that of maintenance. For the study, 10 case buildings for 3 years, built by middle size construction firm, were studied in order to investigate the unit price and the amounts of sealing materials.

Effect of the Settlement Reduction to each Geosynthetic Reinforced Pile Supported Embankments Design Condition (토목섬유보강 성토지지말뚝의 설계조건별 침하억제 효과)

  • Lee, Il-Wha;Lee, Sung-Jin;Lee, Su-Hyung;Moon, In-Ho
    • Proceedings of the KSR Conference
    • /
    • 2009.05a
    • /
    • pp.1519-1524
    • /
    • 2009
  • Construction of high-speed concrete track embankments over soft ground needs many of the ground improvement techniques. Drains, surcharge loading, and geosynthetic reinforcement, have all been used to solve the settlement and embankment stability issues associated with construction on soft soils. However, when time constraints are critical to the success of the project, another measures should be considered. Especially, since the design criteria of residual settlement is limited as 30mm for concrete track embankment, it is very difficult to satisfy this allowable settlement by using the former construction method. Pile net method consist of vertical columns that are designed to transfer the load of the embankment through the soft compressible soil layer to a firm foundation and one or more layers of geosynthetic reinforcement placed between the top of the columns and the bottom of the embankment. In this paper, three cases with different embankment height and number of geosynthetic reinforcement, were studied through FEM analysis for efficient use of pile net method.

  • PDF