IDEAS home Printed from https://ideas.repec.org/a/aml/intbrm/v3y2012i5p255-264.html
   My bibliography  Save this article

Business Structure of Indigenous Firms in the Nigerian Construction Industry

Author

Listed:
  • Sunday Julius Odediran

    (Froyeg Consult, Nigeria)

  • Busayo Funmilola ADEYINKA

    (Obafemi Awolowo University, Nigeria)

  • Oladele Ayinde OPATUNJI

    (Federal Polytechnic, Ede Osun State, Nigeria)

  • Kolawole Opeyemi MORAKINYO

    (Caleb University, Lagos, Nigeria)

Abstract

The roles of contracting firms in construction industry cannot be overemphasized and their structure is a function of performance and output in the industry. Sets of questionnaire were administered on construction professionals working within the contracting firms. Data obtained was analyzed using descriptive statistic (mean ranking). The study found out that the firms are medium-size firms, engaged in building construction and cannot finance projects independently prior to client financial contribution (mobilization fee). Their activities are limited to their locality and rarely get bank loans. They do not have share capital and therefore could not fund project from company capital base.

Suggested Citation

  • Sunday Julius Odediran & Busayo Funmilola ADEYINKA & Oladele Ayinde OPATUNJI & Kolawole Opeyemi MORAKINYO, 2012. "Business Structure of Indigenous Firms in the Nigerian Construction Industry," International Journal of Business Research and Management (IJBRM), Computer Science Journals (CSC Journals), vol. 3(5), pages 255-264, October.
    • Handle: RePEc:aml:intbrm:v:3:y:2012:i:5:p:255-264
    as

    Download full text from publisher

    File URL: https://www.cscjournals.org/manuscript/Journals/IJBRM/Volume3/Issue5/IJBRM-115.pdf
    Download Restriction: no
    File URL: https://www.cscjournals.org/library/manuscriptinfo.php?mc=IJBRM-115
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Olugboyega Adams, 1997. "Contractor development in Nigeria: perceptions of contractors and professionals," Construction Management and Economics, Taylor & Francis Journals, vol. 15(1), pages 95-108.
    2. Akintola Akintoye, 2000. "Analysis of factors influencing project cost estimating practice," Construction Management and Economics, Taylor & Francis Journals, vol. 18(1), pages 77-89.
    3. Adnan Enshassi & Sherif Mohamed & Peter Mayer & Karem Abed, 2007. "Benchmarking masonry labor productivity," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 56(4), pages 358-368, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ademilade Aboginije & Clinton Aigbavboa & Wellington Thwala, 2021. "A Holistic Assessment of Construction and Demolition Waste Management in the Nigerian Construction Projects," Sustainability, MDPI, vol. 13(11), pages 1-14, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alex Eyiah & Paul Cook, 2003. "Financing small and medium-scale contractors in developing countries: a Ghana case study," Construction Management and Economics, Taylor & Francis Journals, vol. 21(4), pages 357-367.
    2. Hyeongjun Mun & Jaewook Jeong & Jaemin Jeong, 2023. "Improving the Model for Estimating the Number of Construction Workers for Apartment Construction," Sustainability, MDPI, vol. 15(9), pages 1-17, April.
    3. A. Q. Adeleke & A. Y. Bahaudin & A. M. Kamaruddeen, 2018. "Organizational Internal Factors and Construction Risk Management among Nigerian Construction Companies," Global Business Review, International Management Institute, vol. 19(4), pages 921-938, August.
    4. Wei Wang & Shoujian Zhang & Yikun Su & Xinyang Deng, 2019. "An Empirical Analysis of the Factors Affecting the Adoption and Diffusion of GBTS in the Construction Market," Sustainability, MDPI, vol. 11(6), pages 1-24, March.
    5. Hai Pham & Soo-Yong Kim & Truong-Van Luu, 2020. "Managerial perceptions on barriers to sustainable construction in developing countries: Vietnam case," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(4), pages 2979-3003, April.
    6. Yi, Liqi & Li, Tao & Zhang, Ting, 2021. "Optimal investment selection of regional integrated energy system under multiple strategic objectives portfolio," Energy, Elsevier, vol. 218(C).
    7. Esa, Mohd Reza & Halog, Anthony & Rigamonti, Lucia, 2017. "Strategies for minimizing construction and demolition wastes in Malaysia," Resources, Conservation & Recycling, Elsevier, vol. 120(C), pages 219-229.
    8. Nyoni, Thabani, 2019. "Cost overrun factors in construction industry: a case of Zimbabwe," MPRA Paper 96788, University Library of Munich, Germany.
    9. Ting Wang & Emmanuel Kingsford Owusu & Qinghua He & Zidan Tian & Dong Wu, 2022. "Empirical Assessments of the Determinants of Construction Megaprojects’ Success: Evidence from China," Sustainability, MDPI, vol. 14(22), pages 1-20, November.
    10. Adrian Sfichi & Eduard Zadobrischi & Narcisa Sfichi & Marian Bădeliță & Mihai Medrihan, 2022. "Utility of Sharing Economy Principles in the Development of Applications Dedicated to Construction Cost Estimation," Future Internet, MDPI, vol. 15(1), pages 1-26, December.
    11. Wu, Yunna & Zhang, Ting & Xu, Chuanbo & Zhang, Xiaoyu & Ke, Yiming & Chu, Han & Xu, Ruhang, 2019. "Location selection of seawater pumped hydro storage station in China based on multi-attribute decision making," Renewable Energy, Elsevier, vol. 139(C), pages 410-425.
    12. Bon-Gang Hwang & Ming Shan & Helena Phua & Seokho Chi, 2017. "An Exploratory Analysis of Risks in Green Residential Building Construction Projects: The Case of Singapore," Sustainability, MDPI, vol. 9(7), pages 1-21, June.
    13. Mohanad Kamil Buniya & Idris Othman & Serdar Durdyev & Riza Yosia Sunindijo & Syuhaida Ismail & Ahmed Farouk Kineber, 2021. "Safety Program Elements in the Construction Industry: The Case of Iraq," IJERPH, MDPI, vol. 18(2), pages 1-13, January.
    14. Seda Tan & Gulden Gumusburun Ayalp & Muhammed Zubeyr Tel & Merve Serter & Yusuf Berkay Metinal, 2022. "Modeling the Critical Success Factors for BIM Implementation in Developing Countries: Sampling the Turkish AEC Industry," Sustainability, MDPI, vol. 14(15), pages 1-28, August.
    15. Nur Fatin Syazwani Abu Bakar* & Syuhaida Ismail & Rohayah Che Amat & Serdar Durdyev, 2018. "Sustainable Construction in Malaysian Mixed Development Projects: The Barriers and Critical Success Factors," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 885-892:6.
    16. Wajeeha Hasnain & Urooj Pasha, 2022. "Ameliorating Performance of UAE Projects by Technological Collaboration of Construction Entities," iRASD Journal of Management, International Research Alliance for Sustainable Development (iRASD), vol. 4(2), pages 263-273, june.
    17. Naser Nastiezaie & Mosayeb Bameri & Nemat Allah Rahimi Dadkan, 2016. "The Relationship of Servant Leadership with Trust and Organizational Efficacy," Modern Applied Science, Canadian Center of Science and Education, vol. 10(9), pages 1-87, September.
    18. A .Q. Adeleke* & Abimbola Olukemi Windapo & Muhammad Waris Ali Khan & J.A. Bamgbade & Maruf Gbadebo Salimon & Gusman Nawanir, 2018. "Validating the Influence of Effective Communication, Team Competency and Skills, Active Leadership on Construction Risk Management Practices of Nigerian Construction Companies," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 460-465:6.
    19. Swee-Lean Chan, 2002. "Responses of selected economic indicators to construction output shocks: the case of Singapore," Construction Management and Economics, Taylor & Francis Journals, vol. 20(6), pages 523-533.
    20. Zhen Chen & Yaqi Zhao & Xia Zhou & Lin Zhang, 2020. "Investigating Critical Factors That Encourage Private Partners to Participate in Sports and Leisure Characteristic Town Public-Private Partnerships: Evidence from China," Sustainability, MDPI, vol. 12(8), pages 1-23, April.

    More about this item

    Keywords

    Indigenous Contractor; Construction Industry; Performance and Output; Nigeria;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aml:intbrm:v:3:y:2012:i:5:p:255-264. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nabeel Tahir (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.