ICTACT Journal on Management Studies

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Suggestions for Improving Profitability and Competitiveness of Shipping Companies in China


Affiliations
1 Centre for Global Finanace and Nottingham, University Business School, The University of Nottingham, Ningbo, China
2 Department of Business and Management, Zhejiang Pharmaceutical College, 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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  • Suggestions for Improving Profitability and Competitiveness of Shipping Companies in China

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Authors

Yongmin Zhang
Centre for Global Finanace and Nottingham, University Business School, The University of Nottingham, Ningbo, China
Xi Shen
Department of Business and Management, Zhejiang Pharmaceutical College, China

Abstract


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.