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In this paper, we use a logit model to predict the probability of default for Korean shipping companies. We explore … numerous financial ratios to find predictors of a shipping firm’s failure and construct four default prediction models. The … indicates that utilizing information about unique financial characteristics of the shipping industry may enhance the performance …
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1. Shipping and globalization in the post-war era: Contexts, companies, connections- Niels P. Petersson, Stig Tenold … and Nicholas J. White -- Part I: Contexts -- 2. The declining role of Western Europe in shipping and shipbuilding, 1900 … Asiatic Company’s difficult experiences with containerization -- Martin Jes Iversen -- 7. Shipping as a knowledge industry …
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We explore, for the first time in the literature, how the revenues of ship management companies respond to macroeconomic exogenous shocks. Using data for ship-management companies in Cyprus, we find evidence that a demand shock has the largest impact on revenues, exhibiting an almost one-for-one...
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