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Business Structure of Indigenous Firms in the Nigerian Construction Industry
Sunday Julius Odediran, Busayo Funmilola ADEYINKA, Oladele Ayinde OPATUNJI, Kolawole Opeyemi MORAKINYO
Pages - 255 - 264     |    Revised - 15-09-2012     |    Published - 25-10-2012
Volume - 3   Issue - 5    |    Publication Date - October 2012  Table of Contents
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KEYWORDS
Indigenous Contractor, Construction Industry, Performance and Output, 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.
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Mr. Sunday Julius Odediran
Froyeg Consult - Nigeria
jsodediran@yahoo.com
Mr. Busayo Funmilola ADEYINKA
Obafemi Awolowo University - Nigeria
Mr. Oladele Ayinde OPATUNJI
Federal Polytechnic, Ede Osun State - Nigeria
Mr. Kolawole Opeyemi MORAKINYO
Caleb University, Lagos - Nigeria