• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Maritime policy and management >The corporate governance model of the shipping firms: financial performance implications
【24h】

The corporate governance model of the shipping firms: financial performance implications

机译：航运公司的公司治理模型：财务绩效影响

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

The corporate governance model of the shipping firms is under extensive dynamic adjustment. Core reasons for that include the corporate transformation of the shipping firms from private and family run into publicly listed and multi-shareholder entities and a number of strict stock market listing requirements, related to corporate governance in particular. Despite these profound shifts, relevant empirical research in this field remains thin. This study undertakes an updated empirical investigation to assess the impact of key corporate governance mechanisms on the financial performance of the shipping firms, namely: (1) the presence of managerial executives (CEOs) related to the founding family; (2) the ownership concentration (shares held) by Board of Directors members; and (3) the participation of independent members in the Board of Directors. A carefully selected sample of Greek shipping companies listed on US equity markets is employed as a case study. We conclude that shipping firms follow their own corporate governance model that has idiosyncratic divergences from conventional governance approaches. A comparison between Greek and Scandinavian shipping firms indicates some differing financial performance response to common corporate governance practices.
机译：航运公司的公司治理模型正在广泛的动态调整中。这样做的核心原因包括航运公司从私人和家族企业转变为公开上市和多股东实体的公司，以及许多严格的在股票市场上市的要求，尤其是与公司治理有关的要求。尽管发生了这些深刻的变化，但该领域的相关经验研究仍然很少。这项研究进行了最新的实证研究，以评估关键公司治理机制对船运公司财务业绩的影响，即：（1）存在与创始家族有关的管理人员（CEO）； （二）董事会成员的所有权集中度（持有的股份）； （3）独立成员参加董事会。案例研究采用了经过精心挑选的在美国股票市场上市的希腊船运公司的样本。我们得出的结论是，船运公司遵循他们自己的公司治理模型，该模型与常规治理方法存在独特的差异。希腊和斯堪的纳维亚船运公司之间的比较表明，对常见的公司治理做法的财务绩效反应有所不同。

著录项

  • 来源
    《Maritime policy and management》 |2011年第6期|p.585-604|共20页
  • 作者

    THEODORE SYRIOPOULOS; MICHAEL TSATSARONIS;

  • 作者单位

    Department of Shipping, Trade and Transport, University of the Aegean, 2A Korai Street, Chios, Chios 82100, Greece ,Audencia School of Management, Department of Finance, 8 Route de la Joneliere, 44312 Nantes, France;

    rnDepartment of Shipping, Trade and Transport, University of the Aegean, 2A Korai Street, Chios, Chios 82100, Greece;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号