El-Masry, Ahmed A.; Olugbode, Mojisola; Pointon, John - In: Maritime Policy & Management 37 (2010) 5, pp. 453-473
Shipping is an industry that is highly geared towards international trade and therefore, would seem to be highly susceptible to fluctuations in macroeconomic factors. This article investigates the impact of exchange rates, interest rates and oil prices on stock returns of 143 shipping companies...