Companies that go public on global stock markets are not obliged to disclose earnings forecasts in their prospectuses. We use this fact to examine the shipping sector, where most firms issue earnings forecasts during the IPO process, and provide unique, international-level evidence. We find...

This study examines the relationship between Corporate Social Responsibility (CSR) and corporate performance using a sample of listed shipping companies. Recognizing heterogeneous CSR behavior across shipping companies, we employ Markov Chain Monte Carlo techniques for Bayesian inference and...

Debt capital has traditionally been the most important source of external finance in the maritime industry. The access that shipping companies nowadays have to the international capital markets provides them with a broader range of financing instruments. As such, this study investigates the...