Building Construction Companies Research Articles

Developing Plastering Skills Appropriate by Building Construction Students for Self-Employment in Technical Colleges in Southern Senatorial District of Cross River State

This study sought to develop and validate plastering skills appropriate by building construction students for self-employment in Technical Colleges in Southern Senatorial District of Cross River State. The research design that was employed for this study was descriptive survey research design. The study was carried out in five local government areas in . The population for the study wads 672 e dress sdColleges in the , seven experts (lecturers) (four from University of Cross River State and three from College of Education, Akamkpa) and 653 masons from the 42 registered building construction companies in the Southern Senatorial District of Cross River State. The sample size used for the study was 250. This comprised 12 building construction teachers, seven experts and 231 masons from the 42 registered building construction companies in the district. Teachers and experts were not sampled; however, simple random sampling was used to sample 231 masons. The instrument that was used for data collection was researcher structure questionnaire titled: “Plastering Skills Appropriate by Building Construction Students for Self-employment (PLASABUCONSSE).” The instrument contained 31 items, 5 points Likert type scale. Cronbach Alpha reliability was used to determine the internal consistency of the instrument which yielded a reliability coefficient of 0.85. The data collected were analyzed using mean, standard deviation and One Way Analysis of Variance (ANOVA). Mean and standard deviation were used to answer the research questions while ANOVA was used to test the null hypothesis at .05 level of significance. Items with mean of 3.00 and above were considered appropriate while items with mean below 3.00 were considered not appropriate. From the study, 14 items out of 16 lime plastering tasks were considered appropriate for lime plastering skills for self-employment while 13 items out of 15 cement plastering tasks were considered appropriate for cement plastering skills for self-employment. Conclusions were drawn and, based on the findings, it was recommended among others that The National Board for Technical Education (NBTE) as well as sister agencies should adopt the developed plastering tasks for teaching plastering skills in building construction.

Influence Debt To Equity Ratio and Current Ratio On Profit Growth Of Building Construction Companies Listed On The Indonesian Stock Exchange In 2020

The main motive of investors in investing capital into one or several companies is to obtain profits (profit/return). Investors can find out whether the company is able to provide the expected benefits or returns by measuring management performance within the company. When investing, investors can measure financial performance through the profits generated by the company. Profit is the company's main source to maintain its survival. Profit growth is a change in the percentage increase in profits obtained by the company. In this research, the leverage ratios used are the Debt-to-Equity Ratio (DER) and Current Ratio (CR) on Profit Growth. The sample used in this research used a purposive sampling method, namely the annual financial reports of Building Construction Companies on the BEI in 2020 as many as 12 companies. The results of this research show that the Partial Debt to Equity Ratio (DER) has a negative and significant effect on Profit Growth, while the Current Ratio (CR) has a negative and insignificant effect on Profit Growth. Keywords : Debt to Equity Ratio (THE),Current Ratio (CR), Profit Growth

Unveiling Construction Quality Factors: Insights from Asian Economy's Building Projects

Economic growth of any country depends on the construction projects and industry in the region. Therefore, the construction industry in Pakistan is directly related to quality and continual improvements in construction projects. Quality is a sensitive and high-priority issue in global construction including in Pakistan. The prime objective of this research study was to investigate major factors influencing the quality of building construction projects in Pakistan. The intended of this research study was to provide guidelines and information to all stakeholders such as owners, project consultants, and project contractors during the construction site of projects so that they are completed on time and with quality. The descriptive survey method was utilized with both qualitative and quantitative approaches. Qualitative approach was used to collect data through project documents and in-depth interviews. N-Vivo software were used at the preliminary stage for the analysis of qualitative data to identify these factors and the linked sub-factors. Analysis of this qualitative data identified 32 factors that influence building construction projects. Questionnaire design was based on qualitative data analysis. The quantitative approach was used to collect data from building construction projects in Pakistan through via questionnaires. The 150 questionnaires links were sent to Pakistan building construction companies in Google form, and 120 respondents filled out the questionnaire. In this way, the response rate is 80%, enough to get accurate results. The SPSS software was used for analysis of collective data. The important quality factors were resulted from a stepwise RFI, RSI, IRII on the quality factors resulted from the factor analysis approach. The correlation coefficient was used to find the relationship between consultants and contractors with the owner. On the basis of analysis, it is concluded that the most significant factors influencing the quality of a building construction project were identified. the Findings of this study were: the skill and interest of labor during construction are a significant impact on the quality in Pakistan, escalation of material prices had influenced the quality of construction projects, making decisions based on price rather than the value of work, Lack of implementation of quality standards of work has greatly influenced the quality of construction industry projects, lack of comprehensive and accurate bill of quantities (BOQ), excessive design changes during construction and shortage of resource materials. In Pakistan, all the stakeholders should consider and take action for these influencing quality factors before starting construction projects.

Perbandingan Efisiensi Antara Pengembangan Dengan Laravel Dan Flutterflow Pada Sistem Informasi Kepegawaian

PT XYZ, a building construction and design company in Palembang. The number of employees in this company is 30 employees with project, finance, marketing and also human resources (HR) divisions. PT XYZ has a need to improve the efficiency of human resource management. In the current condition, the company still relies on manual processes for recruitment, attendance, layoff data management, and employee leave applications. This Personnel Information System uses the Rational Unified Process (RUP) method as a system development method. System development uses the Laravel framework, PHP, CSS, HTML programming languages. In the analysis stage using PIECES and Usecase Diagram. System development uses two main approaches, namely using the FlutterFlow low-code platform and the Laravel Framework. The final result obtained is the implementation of a web-based Personnel Information System at PT XYZ. The implementation of this system makes a significant contribution in improving the efficiency and accessibility of staffing data at PT XYZ.

DOES INDEPENDENT COMMISSIONER CONTRIBUTE TO DECREASE EARNINGS MANAGEMENT AND TAX AVOIDANCE ACTIVITIES

This study examines the independent commissioner's role in moderating earnings management's effect on tax avoidance practices in the building construction industry. This study uses data from building construction sector companies listed on the Indonesia Stock Exchange during 2017-2020. Of the 15 companies observed, 42 samples were obtained using purposive sampling to be used in the study. They are processing data using regression analysis with cross-sectional data. The study results show that the company's earnings management positively affects tax avoidance activities carried out by building construction companies. Meanwhile, an independent commissioner does not affect the relationship between earnings management practices and corporate tax avoidance. Keywords: Corporate Governance, Earnings Quality, Tax Planning

FINANCIAL STATEMENT INTEGRITY: THE ROLE OF AUDIT TENURE, KAP SIZE, AND AUDIT FEE

This study aims to determine and analyze the impact of audit tenure, the size of KAP, and audit fees. The purpose of this study is to disseminate knowledge and information about factors that affect the integrity of financial statements of building construction companies in Indonesia. The object of this study is a building construction sub-sector company listed on the Indonesia Stock Exchange during the period 2020 – 2022. The entire quantitative research sample amounted to 33 companies. Purposive sampling is used in the sampling procedure. The test was conducted using multiple regression analysis, where the integrity of financial statements is measured using accounting conservatism. The results of this study show that tenure audits and audit fees have a negative and significant effect on the integrity of financial statements and the size of public accounting has a positive and significant effect on the integrity of financial statements. It is expected that with this research, all parties (management, shareholders, and auditors) must be highly committed to realizing the improvement of financial statement integrity. The limitation of this study is the low adjusted R square value of 0.271, which indicates that the independent variable is only able to explain 27.1% of the variation of the dependent variable, as well as the lack of research samples. Then the suggestion for future research is to add research samples and other variables such as (1) company size; (2) leverage; (3) profitability; (4) financial distress that can explain the effect on the integrity of financial statements.

Barriers to risk management in small construction projects in Sri Lanka

PurposeThis study explores the current status of risk management (RM) in Sri Lanka and the obstacles in implementing RM in Sri Lankan small construction projects.Design/methodology/approachThe current research study adopted a quantitative research method. Using a purposeful sampling strategy, 100 construction companies engaged in small construction projects in Sri Lanka were selected and a questionnaire was distributed among top managerial employees of these companies. Employees belonging to 47 companies responded to the survey which provided information relating to 812 construction projects. The collected data were analyzed using the RM implementation index (RMII) and other quantitative measures such as mean, median and percentages.FindingsThe research findings indicated that RM incorporation was at a lower degree in small construction projects in Sri Lanka. The findings further indicated that RM incorporation was relatively high in the public construction projects compared to the private construction projects. The main obstacles identified through the survey for RM implementation were: “lack of funding”, “lack of time”, “low profit margin”, “not economical” and “lack of knowledge”.Research limitations/implicationsThe study was limited to exploring RM implementation in small construction projects in Sri Lanka. The study was limited to the building construction companies under the 150-million-rupee (approx. below 450,000 USD) financial limit registered with the construction industry development authority in Sri Lanka.Originality/valueRM in small construction projects in developing countries is a relatively less explored domain. Sri Lankan construction industry is another relatively less explored domain in terms of new management technique implementation such as RM and value management. The quantitative approach used for the study revealed that RM implementation is at a lower degree in the small construction projects. Moreover, several obstacles pertaining to RM implementation were recognized through this study. These findings will be useful for the construction stakeholders to overcome the recognized barriers and effectively use RM in their respective construction projects.

Analysis of the Implementation of PSAK 72, Return on Assets, Current Ratio and Company Size on Property Company Value

Measuring company value can be done by observing the development of share prices on the stock exchange. The continuing increase in share prices reflects that many investors believe in companies paying more so that investors will get high returns. The purpose of this research is to determine the effect of PSAK 72, return on assets, current ratio and company size which is proxied by the natural logarithm of assets on company value which is proxied by the Tobin's Q ratio. The population in this study is property, real estate and building construction companies which listed on the IDX in 2013-2022. The sampling technique in this research was purposive sampling with several specified criteria and resulted in 7 property, real estate and building construction companies. The data analysis method used is multiple linear regression with Eviews 12 software. The results of this research show that PSAK 72 partially has no effect on company value, ROA partially has a positive effect on company value, CR and company size partially have a negative effect on company value. PSAK 72, ROA, CR, and company size simultaneously influence company value.

Analysis Of The Influence Of Company Performance, Institutional Ownership, Company Size And Debt Policy On Company Value Of Property And Construction Companies In Indonesia

The purpose of this study is to determine if the factors that affect company value in the property, real estate, and building construction sectors are institutional ownership, debt policy, company size, and company performance. The companies that are listed on the Indonesia Stock Exchange (BEI) in the categories of real estate, property, and building construction comprise the study's population. Purposive sampling was the method of sampling that was employed in this study. Quantitative data, also known as secondary data, was used in this study. Documentation and a review of the literature were utilized to gather the data for this study. A panel data regression test is the research methodology employed in this study. The regression test results demonstrate that the independent variables of institutional ownership, debt policy, performance, and size have a noteworthy positive impact on the value of the company. Property, real estate, and building construction companies have demonstrated a noteworthy positive impact on their company value due to the institutional ownership variable. In the real estate, building construction, and property industries, it has been demonstrated that the debt policy variable significantly increases the value of the company. In the real estate, building construction, and property industries, it has been demonstrated that company performance variables significantly increase the value of the company. In the real estate, building construction, and property industries, it has been demonstrated that the company size variable has no bearing on the value of the company.

The Influence of Fundamental and Macroeconomic Factors on Stock Returns in Building Construction Companies Listed on the Indonesian Stock Exchange for the 2018-2022 Period

This research focuses on analyzing the impact of fundamental and macroeconomic factors on stock returns within the building construction sector of companies listed on the Indonesia Stock Exchange during the period from 2018 to 2022. Employing a quantitative, associative approach, the study encompasses a population of 25 building construction companies, with a purposive sampling method narrowing it down to 14 companies. The research employs multiple linear regression analysis using IBM SPSS Statistics 26 software as the analytical tool. The findings reveal that the Return on Equity Ratio (ROE) and Debt to Equity Ratio (DER) exert a negative and significant influence on stock returns. Furthermore, economic growth (GDP) demonstrates a positive and significant impact, while inflation and interest rates exhibit a negative and insignificant effect on stock returns. Collectively, these factors, including ROE, DER, GDP, inflation, and interest rates, collectively exert a significant influence on stock returns. The implications of these findings underscore the importance of considering these factors for investors, policymakers, and practitioners in the building construction industry.

Factors Affecting Stock Returns with Corporate Social Responsibility as a Moderating Variable in Real Estate Property and Building Construction Companies Listed on the Indonesian Stock Exchange

This research aims to determine and analyze the influence of Return on Assets, cash flow from funding activities, the age of company, leverage, and the proportion of independent board of commissioners simultaneously and partially on stock returns in Property, Real Estate, and Building Construction companies listed on the Indonesia Stock Exchange. CSR Disclosure as a moderating variable strengthens or weakens the relationship between Return on Assets, Cash Flow from funding activities, Leverage, the company age, and the proportion of independent board of commissioners with stock returns in Property, Real Estate, and Building Construction companies listed on the Indonesia Stock Exchange. The population of this research is 51 Property, Real Estate, and Building Construction companies listed on the Indonesia Stock Exchange from 2018 - 2022. The sample was selected using purposive sampling, totaling 35 companies with 155 analysis units. Data were processed using a panel data regression as the analysis model for the first hypothesis and residual testing for moderating variables using STATA. The results of this research prove the first hypothesis that simultaneous and partial return on assets, cash flow from funding activities, the age of company leverage, and the proportion of independent boards of commissioners have a significant effect on stock returns. The results of the moderation test research state that CSR Disclosure does not moderate the relationship between return on assets, cash flow from funding activities, leverage, the company age, and the proportion of independent board of commissioners with stock returns Keywords: return on assets, cash flow from funding activities, leverage, the company age and proportion of board of commissioners, CSR disclosure, and stock returns.

Benefits of Adopting Sustainability Practices by Construction Companies: Developing Country’s Perspective

Abstract In today’s world, sustainability practices are critical to every industry including the construction sector. This has come into being because of the pressure exerted on organisations and their supply chains by different stakeholders who demand ethically produced goods and services as well as responsible service delivery methods. The purpose of this research was to assess the relationship between sustainability practices and the benefits that sustainability offers organisations. This study employed cross-sectional descriptive design with a quantitative approach. Data was collected using a structured questionnaire with closed-ended questions from 67 respondents who were purposively sampled from building construction companies registered with the National Council for Construction (NCC) in grades 1 to 4 and operating in the Copperbelt province of Zambia. These included senior management employees involved in various projects. The collected data was analysed using exploratory factor analysis and regression analysis. The findings revealed that economic sustainability practices had a significant influence on delivering sustainability benefits, whereas social and environmental sustainability practices had no significant influence on delivering sustainability benefits. The research further revealed that the period a company was in operation significantly contributed to its ability to realise sustainability benefits, and to the contrary, that awareness and stakeholder participation did not. The researcher thus recommended that companies in the construction sector should develop and implement sustainability policies in order to meet the expectations of several stakeholders and secure long-term competitive advantage.

The Effect Of Capital Structure And Potential Bankruptcy On Share Prices In Building Construction Companies Listed On The Idx

This study aims to determine the effect of capital structure and potential bankruptcy on share prices in building construction companies listed on the Indonesia Stock Exchange (IDX). The sampling technique used in this study was purposive sampling. The sample of this study was 17 building construction companies listed on the Indonesia Stock Exchange (IDX) for the 2019-2022 period. There are three variables in this study, namely capital structure and bankruptcy potential as independent variables and stock prices as dependent variables. The method used in this study was panel data analysis. The results showed that the capital structure and potential for partial bankruptcy had a positive and significant effect on the share price of building construction companies for the 2019-2022 period. Simultaneously, capital structure and potential bankruptcy have a significant effect on the share price of building construction companies.

ANALISIS Z-SCORE PADA SUBSEKTOR KONSTRUKSI BANGUNAN DI BURSA EFEK INDONESIA

The purpose of this study is to recognize the potential for bankruptcy formation of building construction companies listed on the Indonesia Stock Exchange for the period 2018-2022. The position of construction companies listed on the Indonesia Stock Exchange between 2018 and 2022 is determined by this study using the Altman Z-Score approach. This type of research is quantitative. This study uses secondary data, namely the company's financial statements from 2018 to 2002. As a representative sample for this study, four companies selected were those that have published audited financial reports for the past five years on the Indonesia Stock Exchange. Altman Z-Score is used to estimate the likelihood of bankruptcy in this study. Calculations with the Z-Score formula can classify companies in three states, namely healthy, gray, and potentially bankrupt. The results show that the position of the four research samples is different. PT Adhi Karya Tbk, PT PP Tbk, and PT Wijaya Karya Bangunan Gedung Tbk are likely to experience bankruptcy, while PT Acset Indonusa Tbk is in a gray position.

ANALISIS PENGARUH DER, ROA, DAN UKURAN PERUSAHAAN TERHADAP RETURN SAHAM

The real estate business is known for its changing characteristics, intense competition, consistency and complexity. Rising real estate prices are driven by rising land prices and an increasing trend in land supply, often with population growth and people's growing need for housing, offices, shopping centers, amusement parks, and more. If a development company makes a big profit by raising real estate prices, it's only natural that that profit will improve business performance and raise stock prices. This study aims to obtain empirical evidence regarding the effect of DER, ROA, and firm size on stock returns. This research uses signal theory and CAPM theory. The research population is property, real estate, and building construction companies. Purposive sampling method was used as a method of determining the sample. The research sample was 215 observations. The analysis technique used is multiple linear regression analysis. The results of this study indicate that DER has a positive effect on stock returns, ROA has a positive effect on stock returns, and firm size has no effect on stock returns.

Analysis of Employee Satisfaction with Helpdesk Websites using Service Quality in Construction Companies

In analyzing employee satisfaction with the website, the main problem is whether the quality of service provided by the building construction company's helpdesk website is adequate. This information involves asking about the extent to which the website can meet the needs and expectations of employees in obtaining the necessary help and information. Helpdesk is a service unit tasked with helping organizations solve problems related to information and communication technology (ICT). This research aims to determine how satisfied employees are with the helpdesk services available at Building Construction Companies and whether these services meet employee expectations. This research uses quantitative research methods, and data collection techniques are carried out using questionnaire surveys. The results obtained show that H1 means that there is a significant influence on user quality, such as in the dimensions of reliability (0.39), Responsiveness (0.42), and Assurance (0.28) on user satisfaction with the helpdesk service system. Meanwhile, the Empathy dimension (0.05) gets a small positive gap value, almost meeting expectations. For the Tangibles dimension (0.59), there is no significant influence on user quality, so these results are quite satisfactory for employee desires and the need to improve service quality on user satisfaction in the helpdesk service system. Factors that influence the effectiveness of a helpdesk system include technical aspects, time management, effective response, and system use. Tangible aspects, such as physical and visual attributes, negatively impact helpdesk effectiveness. Companies must ensure that the helpdesk provides timely and effective responses to meet employee needs. Companies must also ensure that the helpdesk is user-friendly and intuitive so that employees can easily understand and use the helpdesk.

Determinants of Firm Value: Property, Real Estate and Building Construction Companies (IDX)

This research aims to obtain empirical evidence regarding the factors on firm value for property, real estate and building construction companies listed in Indonesia Stock Exchange. The independent variables used in this research are firm size, capital structure, firm sales, profitability and liquidity. In this research, 11 property, real estate and building construction companies were used as samples listed on the Indonesia Stock Exchange with a total 8 years raging from the period of 2013-2020. The sample was selected based on purposive sampling technique. The data analysis method that were used in this research is descriptive statistics, panel data analysis model, data quality test, classic assumption tests, coefficient of correlation, coefficient of determination, multiple linear regression, goodness-of-fit test, and hypothesis test. The results of this research shows that firm size has a negative impact on firm value and profitability has a positive impact on firm value. Whereas for capital structure, firm sales and liquidity has no impact on firm value.

A Study on the Driving Factors of Carbon Neutralization Behavior in Construction Enterprises Based on a Structural Equation Model

The carbon-neutral behavior of building construction companies is a key issue in carbon-neutral research worldwide. However, little is known about the willingness of construction firms to segregate and recycle construction waste. After studying a large amount of literature, this study finally focused on combining various statistical methods based on constructing a structural equation model of the drivers of carbon-neutral behaviors of construction enterprises to collect and analyze the attitudes and opinions of building construction enterprises on resource utilization management. The results of the study show that the willingness of construction enterprises to manage the separate disposal and utilization of construction waste is mainly influenced by perceived usefulness, perceived ease of use, and perceived risk drivers. The degree of influence was 0.36 for perceived usefulness, 0.26 for perceived risk, and 0.24 for perceived ease of use, with increasing project revenue having the greatest influence on firms’ willingness; resource cost having the least degree of influence on firms’ willingness; and subjective norms and perceived behavioral control having a non-significant influence on behavioral intentions. It further suggests that an increase in project revenue and a decrease in project cost may motivate construction firms to implement carbon-neutral projects. This study may provide a theoretical framework and research direction for construction enterprises to formulate policies for the classification and disposal of construction waste and recycling management.

Determinants of financial distress in the building construction sub-sector companies listed on the Indonesia Stock Exchange

Purpose — This study aims to analyze the influence of profitability, leverage, and intellectual capital on financial distress in companies within the building construction sub-sector.Method — The research method involves quantitative and regression analysis. The sample consists of companies within the building construction sub-sector that consistently published financial reports during the period 2016-2021. The research population comprises 96 building construction companies listed on the Indonesia Stock Exchange, with 16 companies meeting the sample requirements. Data collection is performed using purposive sampling, and the analysis is conducted using EViews 10. Various tests, including classic assumption tests, feasibility analysis models, panel regression analysis, and coefficient of determination tests, are employed in the analysis.Result — The study results indicate a significant positive effect of profitability on the level of financial distress, suggesting that higher levels of profitability correspond to lower financial distress. Conversely, leverage demonstrates a significant negative effect on financial distress, implying that higher levels of leverage are associated with increased financial distress for the company. However, the study did not identify a significant relationship between intellectual capital and the level of financial distress, suggesting that the level of intellectual capital does not significantly influence the level of financial distress.Practical implications — Management in the building construction sub-sector is encouraged to prioritize strategies and tactics aimed at enhancing company profitability. Focusing on efforts to improve operational efficiency, optimize asset utilization, and enhance the effectiveness of marketing strategies can contribute to an increase in the company's profitability.

The Effect Of Profitability And Liquidity On Company Value Mediated By Dividend Policy In Property, Real Estate, And Building Construction Companies Listed On The Indonesia Stock Exchange (IDX)

The purpose of this study is to determine the effect of profitability, liquidity, and dividend policy on firm value. This study also aims to determine the indirect effect between profitability and liquidity on firm value through the dividend policy. This research used property, real estate, and building construction companies listed in Indonesia Stock Exchange. The research uses five recent years since 2018 until 2022 and selected by purposive sampling method. The analysis was performed using multiple linear regressions analysis method.