Impact Factors on Subcontractor's Cash Flow Management

Medhat A. Youssef; Ahmed H. Ibrahim; M. El-Sayed El-Badawy Hafez

doi:10.28991/CEJ-SP2023-09-08

Authors

Medhat A. Youssef
maismyel@eng.zu.edu.eg
Construction Engineering and Utilities Department, Zagazig University, Zagazig,, Egypt https://orcid.org/0000-0002-0876-0659
Ahmed H. Ibrahim Construction Engineering and Utilities Department, Zagazig University, Zagazig,, Egypt
M. El-Sayed El-Badawy Hafez Construction Engineering and Utilities Department, Zagazig University, Zagazig,, Egypt

Vol. 9 (2023): Special Issue "Innovative Strategies in Civil Engineering Grand Challenges"

Special Issue "Innovative Strategies in Civil Engineering Grand Challenges"

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Objective: This study aims to define how to maintain and protect the subcontractor firms' cash flow from economic fluctuation through legally sustainable solutions. Methods/Analysis: We conducted a case study in the Eastern Delta Region of Egypt. A questionnaire containing a list of 22 impact factors on subcontractors' cash flow was distributed across multiple subcontractor firms with an 82% response rate. It was designed to explore the factors causing cash flow instability and analyze them using SPSS statistics. Findings: The study finds that inflation, late payments, non-compensation for late payments, poor subcontractor cash flow management, subcontractor firms' inclination to avoid disputes, material price fluctuation, and non-compensation terms, as well as suppliers rejection of payment delays, are the most critical factors of subcontractor cash flow problems. Novelty/Improvement:The study suggests adding three sub-articles to Article 57 in "Tender Law" as legally sustainable solutions to protect and maintain the firm's growth rate from inflation, late payment, and the inclination to avoid disputes. Also, the study recommends that the owner ensure that cash is available before procuring the general contractors, as stated in Egyptian Law 182 of 2018. This study will contribute to establishing a sustainable win-win relationship between subcontractors and general contractors.

Doi: 10.28991/CEJ-SP2023-09-08

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Publication Start Year:	2015
JCR 2023 Impact Factor (IF):	4.3
JIF QUARTILE:	Q1
SJR 2023 Quartile:	Q1
Acceptance Rate:	27%
Review Speed (Average):	76 days
Issue Per Year:	12
Number of Volumes:	10
Number of Issues:	107
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Number of Reviewers:	3417
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Contributing Countries:	86
No. of WoS Citations:	7986
WoS h-index:	34
Scopus CiteScore:	7.0
No. of Google Citations:	17324
Google h-index:	47
Google i10-index:	393
Abstract Views:	5,819,908
PDF Download:	3,790,637

Impact Factors on Subcontractor's Cash Flow Management

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