Comparative Financial Performance of Domestic and Foreign Construction Companies in Ethiopia
| dc.contributor.advisor | G/Hiwot, G/Medhin (Ato) | |
| dc.contributor.author | Berhanu, Biniyam | |
| dc.date.accessioned | 2018-06-22T08:02:46Z | |
| dc.date.accessioned | 2023-11-08T14:37:41Z | |
| dc.date.available | 2018-06-22T08:02:46Z | |
| dc.date.available | 2023-11-08T14:37:41Z | |
| dc.date.issued | 2009-06 | |
| dc.description.abstract | ABSTRACT The paper entitled “Comparative Financial Performance of Domestic and Foreign Construction Companies in Ethiopia” deals with measuring financial performance of local and foreign contractors in Ethiopia. The paper’s objective is to measure financial performance of each group and compare to each other to identify the group which perform better comparatively and also to test both group whether they are in financial distress. The data used in the study is all secondary data obtained from Federal Inland Revenue Authority from the financial statements reported by the contractors chosen for the study. A sample of eight companies five year financial statements are analyzed by using financial ratios and a sample of five contractors’ financial statements are analyzed for distress test. In order to substantiate the analysis regression and t-test were used. The final study finding revealed that foreign contractors perform financially better than local contractors. It is also found that local contractors are in financial distress according to Altman’s cut-off | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/123456789/2906 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Addis Ababa University | en_US |
| dc.subject | Construction companies in Ethiopia | en_US |
| dc.title | Comparative Financial Performance of Domestic and Foreign Construction Companies in Ethiopia | en_US |
| dc.type | Thesis | en_US |