The Effect of Cash Flow Variation on Project Performance: An Empirical Study from Kuwait

• 발행기관: 한국유통과학회
• 저자명: Nawaf Marzouq AL-NASSAFI
• 간행물 정보: 『The Journal of Asian Finance, Economics and Business(JAFEB)』Vol. 9 No.3, 53~63쪽, 전체 11쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2022.03.30

영문 초록

Despite the relationship between cash flow, financial management, and project performance, no study examined the mediating role of financial management on the relationship between cash flow and construction project performance, especially in Kuwait. The goal of this study was to examine the impact of cash flow fluctuations on construction project performance, as well as the role of financial management in mediating this relationship. To accomplish these goals, the researcher employed a descriptive-analytical method to create a questionnaire of 31 items. The study’s sample was chosen at random and includes (181) project managers and firm owners from contractors’ companies in Kuwait. The study found a statistically positive and significant effect of cash flow variation on project performance from the perspective of Kuwaiti contractors at the significance level (0.05), as well as a mediated role of financial management in the relationship between cash flow variation and project performance. The research came up with a number of recommendations based on the findings, including the need for contractors to have a better understanding of cash flow to arrange project activities correctly and efficiently. Further studies may be included into the effect of cash flow forecasting (planning) and financial management (control) on various construction activities.

목차

1. Introduction

2. Research Background

3. Literature Review and Hypotheses Development

4. Methodology

5. Research Results

6. Conclusion and Recommendations

References

키워드

Cash Flow Variation Construction Project Performance Financial Management