A survey of shipping finance research: Setting the future research agenda

被引:91
作者
Alexandridis, George [1 ]
Kavussanos, Manolis G. [2 ]
Kim, Chi Y. [1 ]
Tsouknidis, Dimitris A. [3 ]
Visvikis, Ilias D. [4 ]
机构
[1] Univ Reading, Henley Business Sch, ICMA Ctr, Reading RG6 6BA, Berks, England
[2] Athens Univ Econ & Business, 76 Patiss St, Athens 10434, TK, Greece
[3] Cyprus Univ Technol, Dept Commerce Finance & Shipping, 115 Spyrou Araouzou St,POB 50329, CY-3603 Limassol, Cyprus
[4] Amer Univ Sharjah, Sch Business Adm, POB 26666, Sharjah, U Arab Emirates
关键词
Survey analysis; Shipping finance and investment; Transportation finance; Company valuation; Corporate governance; INITIAL PUBLIC OFFERINGS; PRIVATE EQUITY INVESTORS; SUPPLY CHAIN MANAGEMENT; CORPORATE GOVERNANCE; CROSS-SECTION; FREIGHT RATES; DEFAULT RISK; MARKET EQUILIBRIUM; PRICE VOLATILITY; SEAPORT RESEARCH;
D O I
10.1016/j.tre.2018.04.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
Financing shipping related investment projects has always been a focal area of debate and research within the international maritime industry since access to funding can determine the competitiveness of a capital-intensive business as well as its success or failure under adverse market conditions. This paper provides, for the first time, a comprehensive and structured survey of all published research in the area of shipping finance and investment. The review spans approximately four decades (1979-2018) of empirical evidence, including 162 studies published in 48 scholarly journals, complemented with select books and book chapters. The study provides a bibliometric analysis and comprehensive synthesis of existing research offering an invaluable source of information for both the academic community and business practice, shaping the future research agenda in shipping finance and investment.
引用
收藏
页码:164 / 212
页数:49
相关论文
共 301 条
[1]  
Abdullah A, 2016, AL-SHAJARAH, P115
[2]   A real option application to investment in low-sulphur maritime transport [J].
Acciaro, Michele .
INTERNATIONAL JOURNAL OF SHIPPING AND TRANSPORT LOGISTICS, 2014, 6 (02) :189-212
[3]  
Adland R., 2007, Maritime Economics and Logistics, V9, P105, DOI [10.1057/palgrave.mel.9100174, DOI 10.1057/PALGRAVE.MEL.9100174]
[4]  
Adland R., 2006, Maritime Economics and Logistics, V8, P223
[5]   Charter market default risk: A conceptual approach [J].
Adland, Roar ;
Jia, Haiying .
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW, 2008, 44 (01) :152-163
[6]   Multivariate modeling and analysis of regional ocean freight rates [J].
Adland, Roar ;
Benth, Fred Espen ;
Koekebakker, Steen .
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW, 2018, 113 :194-221
[7]   Capital structure determinants of shipbuilding companies [J].
Adland, Roar ;
Noraas, Joakim ;
Iversen, Rikke S. .
INTERNATIONAL JOURNAL OF SHIPPING AND TRANSPORT LOGISTICS, 2017, 9 (06) :763-789
[8]   Simulating physical basis risks in the Capesize freight market [J].
Adland, Roar ;
Jia, Haiying .
MARITIME ECONOMICS & LOGISTICS, 2017, 19 (02) :196-210
[9]   Spatial efficiency in the bulk freight market [J].
Adland, Roar ;
Bjerknes, Fredrik ;
Herje, Christian .
MARITIME POLICY & MANAGEMENT, 2017, 44 (04) :413-425
[10]   Shipping market integration: The case of sticky newbuilding prices [J].
Adland, Roar ;
Jia, Haiying .
MARITIME ECONOMICS & LOGISTICS, 2015, 17 (04) :389-398