Liow, K H (1998) An empirical investigation of corporate growth of property companies. Journal of Financial Management of Property and Construction, 3(3), pp. 5-16. ISSN 1366-4387
Abstract
This paper empirically examines the sustainable growth of Singapore property investment and development companies and the financial strategies employed by these firms in achieving financial stability and sustaining growth. It finds that the actual growth rates of many property firms are higher than their sustainable growth rates. These firms tend to rely on increasing financial leverage to sustain their high growth. However, growth does not have a clear impact on the share price performance of the companies.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | property investment, financial strategies, share price performance, growth rates |
| Index terms: | investigation, financial strategy, Singapore, property investment, property company, stability |
| Subjects: | financial and cost management, real estate economics, data collection methods, Geography, structural engineering, economic analysis |
| Topics: | Cost Management, Research Practice, Urban Studies, Engineering Principles, Geographical Context, Procurement |
| Descriptive scope: | 3 PCA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here