The construction sector in Italy has been characterised by a long-lasting economic decline, causing a slump both in terms of GDP and employment. The financial management of this type of companies can be claimed as one of the main difficulties they have to cope with. The high reliance on short-term bank loan, the long payment delays by public administration, together with the lack of planning capabilities can explain partly the financial difficulties encountered. In this paper, we aim at shedding some light on the financial management practices and knowledge diffused in the Italian construction companies. Besides, we provide some reflections on the actual and future financial strategy for construction companies.
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