Financial management practices and their relationship with SME company's performance in the construction industry of India | |
| Author | Pratap, Samudanapalepu Venkata |
| Call Number | AIT Thesis no.CM-19-33 |
| Subject(s) | Small business--India Construction industry--Finance--Management Construction industry--India |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Construction, Engineering and Infrastructure Management |
| Publisher | Asian Institute of Technology |
| Abstract | Small and Medium Enterprises (SMEs) in India have developed strongly and contributed to creating employment, increasing GDP, and raising the nation’s volume of exports. However, SMEs have found difficulties on the way to development due to lack of management experience and financial resources, and due to uncertainty within the business environment. As a result, SMEs often faced obstacles during their operations. This thesis examines the relationship between financial management and profitability of SMEs to determine whether financial management practices and financial characteristics impact on SME profitability. The main aspect of this study is to find financial management factors in construction and to develop a relationship between practices and company’s performance which is measured by two indicators of performance ROA and ROE. Finally, all these factors are grouped and distributed according to the previous researches. Finally, this study concludes that working capital management, cash management practices, capital structure practices, fixed assets, financial planning and financial reporting affects the company’s performance. Regression analysis reveals that ROA and ROE have positive relationship with factors which are significant. |
| Year | 2019 |
| Type | Thesis |
| School | School of Engineering and Technology (SET) |
| Department | Department of Civil and Infrastucture Engineering (DCIE) |
| Academic Program/FoS | Construction Engineering and Infrastructure Management (CM) |
| Chairperson(s) | Chotchai Charoenngam; |
| Examination Committee(s) | Hadikusumo, Bonaventura H. W.;Santoso, Djoen San; |
| Scholarship Donor(s) | Asian Institute of Technology Fellowship; |
| Degree | Thesis (M. Eng.) - Asian Institute of Technology, 2019 |