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Suggestions for Improving Profitability and Competitiveness of Shipping Companies in China
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This paper explores Chinese small and medium sized shipping companies' strategies in management finance and investment. Some suggestions on how to improve profitability and competitiveness of shipping companies in China are proposed. Our data is based on a survey of opinions of more than one hundred top and middle level managers from shipping companies in Ningbo, which share typical characteristics of small and medium sized shipping companies in China. We develop two new influential scoring methods to analysing the data. Our analysis is robust by comparing the results from two methods.
Keywords
Shipping Companies, Profitability and Competitiveness, Influential Scoring.
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