{"id":"https://openalex.org/W2159082781","doi":null,"title":"Company Failure in the Construction Industry: A Critical Review and a Future Research Agenda","display_name":"Company Failure in the Construction Industry: A Critical Review and a Future Research Agenda","publication_year":2010,"publication_date":"2010-01-01","ids":{"openalex":"https://openalex.org/W2159082781","mag":"2159082781"},"language":"en","primary_location":{"id":"pmh:oai:CiteSeerX.psu:10.1.1.621.6911","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.621.6911","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.fig.net/pub/fig2010/papers/ts01m/ts01m_wong_ng_4360.pdf","raw_type":"text"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5103552389","display_name":"James M.W. Wong","orcid":"https://orcid.org/0000-0001-9144-7921","observed_orcids":["https://orcid.org/0000-0001-9144-7921"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"James M.W. Wong","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5039350621","display_name":"S. Thomas Ng","orcid":"https://orcid.org/0000-0003-2062-0234","observed_orcids":["https://orcid.org/0000-0003-2062-0234"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"S. Thomas Ng","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-2062-0234","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":4.1266,"has_fulltext":false,"cited_by_count":12,"citation_normalized_percentile":{"value":0.95487439,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":87,"max":96},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":0.9848999977111816,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":0.9848999977111816,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12509","display_name":"Corporate Insolvency and Governance","score":0.013299999758601189,"subfield":{"id":"https://openalex.org/subfields/3308","display_name":"Law"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10395","display_name":"Construction Project Management and Performance","score":0.0003000000142492354,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/business-failure","display_name":"business failure","score":0.9160000085830688},{"id":"https://openalex.org/keywords/construction-companies","display_name":"construction companies","score":0.7580000162124634},{"id":"https://openalex.org/keywords/bankruptcy-prediction","display_name":"bankruptcy prediction","score":0.9760000109672546},{"id":"https://openalex.org/keywords/causes-of-failure","display_name":"failure causes","score":0.7639999985694885},{"id":"https://openalex.org/keywords/early-warning","display_name":"early warning","score":0.38999998569488525},{"id":"https://openalex.org/keywords/construction-industry","display_name":"construction industry","score":0.4880000054836273},{"id":"https://openalex.org/keywords/risk-and-uncertainty","display_name":"risk and uncertainty","score":0.578000009059906}],"concepts":[{"id":"https://openalex.org/C504631918","wikidata":"https://www.wikidata.org/wiki/Q152074","display_name":"Bankruptcy","level":2,"score":0.83193039894104},{"id":"https://openalex.org/C2781317483","wikidata":"https://www.wikidata.org/wiki/Q5001874","display_name":"Business failure","level":2,"score":0.6216943264007568},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.5997008085250854},{"id":"https://openalex.org/C2984708878","wikidata":"https://www.wikidata.org/wiki/Q385378","display_name":"Construction industry","level":2,"score":0.5721945762634277},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5273258090019226},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.5234988331794739},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.35702967643737793},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.2677498459815979},{"id":"https://openalex.org/C107053488","wikidata":"https://www.wikidata.org/wiki/Q2674423","display_name":"Construction engineering","level":1,"score":0.09103861451148987},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:CiteSeerX.psu:10.1.1.621.6911","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.621.6911","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.fig.net/pub/fig2010/papers/ts01m/ts01m_wong_ng_4360.pdf","raw_type":"text"},{"id":"mag:2159082781","doi":null,"is_oa":false,"landing_page_url":"https://www.fig.net/resources/proceedings/fig_proceedings/fig2010/papers/ts01m/ts01m_wong_ng_4360.pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null},{"id":"mag:3152448994","doi":null,"is_oa":false,"landing_page_url":"http://hub.hku.hk/bitstream/10722/127294/1/Content.pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":38,"referenced_works":["https://openalex.org/W619740784","https://openalex.org/W620147357","https://openalex.org/W1482757680","https://openalex.org/W1520952456","https://openalex.org/W1559339763","https://openalex.org/W1969557153","https://openalex.org/W1973159038","https://openalex.org/W1979725266","https://openalex.org/W1981085654","https://openalex.org/W1986167036","https://openalex.org/W1992522369","https://openalex.org/W1994102621","https://openalex.org/W2001619934","https://openalex.org/W2005281816","https://openalex.org/W2020848494","https://openalex.org/W2046732147","https://openalex.org/W2048801439","https://openalex.org/W2061057284","https://openalex.org/W2063106900","https://openalex.org/W2066523057","https://openalex.org/W2067684828","https://openalex.org/W2068367230","https://openalex.org/W2083552118","https://openalex.org/W2085410537","https://openalex.org/W2094283595","https://openalex.org/W2121822868","https://openalex.org/W2128036470","https://openalex.org/W2137428291","https://openalex.org/W2149347068","https://openalex.org/W2153147319","https://openalex.org/W2169983229","https://openalex.org/W2232707789","https://openalex.org/W2335040045","https://openalex.org/W2588801754","https://openalex.org/W2895270050","https://openalex.org/W2995391392","https://openalex.org/W3133917342","https://openalex.org/W3135358928"],"related_works":["https://openalex.org/W7096445541","https://openalex.org/W1991192538","https://openalex.org/W3101380830","https://openalex.org/W2015952851","https://openalex.org/W748368313","https://openalex.org/W4392660332","https://openalex.org/W771148988","https://openalex.org/W3160164790","https://openalex.org/W2046732147","https://openalex.org/W3013030693"],"abstract_inverted_index":{"Company":[0],"failure":[1,102,147],"is":[2,49,81,135],"not":[3],"only":[4],"extremely":[5],"disruptive":[6],"to":[7,24,27,51,94,144,153,163],"an":[8,18],"industry":[9,160],"but":[10],"may":[11],"also":[12,125],"cause":[13],"significant":[14,162],"rippling":[15],"effects":[16],"in":[17,45,72,84,114],"economy.":[19],"Construction":[20],"companies":[21,107,139],"are":[22,124],"vulnerable":[23],"bankruptcy":[25,62],"due":[26],"the":[28,32,36,58,73,85,88,99,128,131,154,158,164],"fragmented":[29],"nature":[30],"of":[31,87,98,120,157],"industry,":[33],"high":[34,37],"competition,":[35],"uncertainty":[38],"and":[39,42,75,108,148,161],"risk":[40],"involved,":[41],"considerable":[43],"fluctuations":[44],"construction":[46,89,106,121,138,159],"volume.":[47],"It":[48],"important":[50],"recognise":[52],"any":[53],"potential":[54],"company":[55,122],"failures":[56,123],"at":[57],"earliest":[59],"opportunity.":[60],"While":[61],"prediction":[63,103],"has":[64],"long":[65],"been":[66],"regarded":[67],"as":[68],"a":[69,96,111],"critical":[70],"topic":[71,80],"accounting":[74],"finance":[76],"sectors,":[77],"this":[78,115,149],"research":[79,116],"still":[82],"under-explored":[83],"context":[86],"industry.":[90],"This":[91],"paper":[92],"aims":[93],"provide":[95],"synthesis":[97],"previous":[100],"business":[101,146],"models":[104],"for":[105],"put":[109],"forward":[110],"future":[112],"agenda":[113],"area.":[117],"Common":[118],"causes":[119],"reviewed.":[126],"Using":[127],"results":[129],"from":[130],"proposed":[132],"research,":[133],"it":[134],"anticipated":[136],"that":[137],"will":[140],"be":[141,151],"better":[142],"able":[143],"prevent":[145],"should":[150],"relevant":[152],"current":[155],"needs":[156],"society.":[165]},"counts_by_year":[{"year":2024,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}