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The use of financial model is to predict the performance of a company. This paper presents the development of the model for IBS construction companies in predicting the business performance based on historical financial data. The development of the financial model is based on selected financial ratios obtained from the financial statements gathered from thirty (30) IBS companies in Selangor, Malaysia...
The existence of Industrialized Building System (IBS) in Malaysian construction industry was started when the Ministry of Housing and Local Government has launched new initiatives to develop the IBS construction after visiting several European countries where the IBS project was already implemented. However, the participation of contractors to get involved in the IBS project is currently poor. The...
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