SUGGESTIONS FOR IMPROVING PROFITABILITY AND COMPETITIVENESS OF SHIPPING COMPANIES IN 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.

Authors
Yongmin Zhang1, Xi Shen2
The University of Nottingham,China1, Zhejiang Pharmaceutical College, China2

Keywords
Shipping Companies, Profitability and Competitiveness, Influential Scoring
Published By :
ICTACT
Published In :
ICTACT Journal on Management Studies
( Volume: 2 , Issue: 2 )
Date of Publication :
May 2016

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