This paper examines a new issue in the tramp shipping industry -- mergers and acquisitions -- which has drawn firms into a competition on size, market share and total tonnage. The purpose of this paper is to investigate the behaviour of tramp shipping firms' stock returns, when they announce...

The purpose of this paper is to provide some insights into the main determinants for the success of an acquisition. The focus of this analysis will be on the acquisitions in South Eastern Europe and more specifically in Greece. Our findings suggest that the success of an acquistion is linked to:...

This paper examines a new issue in the tramp shipping industry – mergers and acquisitions – which has drawn firms into a competition on size, market share and total tonnage. The purpose of this paper is to investigate the behaviour of tramp shipping firms' stock returns, when they announce...