Pregled bibliografske jedinice broj: 934543
The Baltic Dry Index and Performance Excellence in the Crisis Environment
The Baltic Dry Index and Performance Excellence in the Crisis Environment // Croatian operational research review, 6 (2015), 2; 335-346 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 934543 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
The Baltic Dry Index and Performance Excellence in the Crisis Environment
Autori
Jurun, Elza ; Ratković, Nada ; Moro, Frano
Izvornik
Croatian operational research review (1848-0225) 6
(2015), 2;
335-346
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
Baltic Dry Index, performance excellence, Bex Index, maritime markret, shipping companies excellence
Sažetak
This paper focuses on an approach to analyzing the relationship between the Balic Dry Index (BDI) as the main indicator of the cyclical nature of the maritime market and the performance excellence of the representative shipping companies. Results have shown that there is a strong positive correlation between average annual BDI values and performance excellence indicators measured by the traditional adjusted Altman Z-score as well as the recent indicator, the Bex Index. BDI as the most comprenensive indicator of global demand for commodities and raw materials is also analyzed as the supplyand demand signal on the stock market.The aim was to test the hypothesis that BDI also functions as a signal that promptly responds to crisis effects. The methodological procedure has been carried out using a real database spanning from 1985 to 2013 where the results have confirmed the hypothesis.
Izvorni jezik
Engleski
Citiraj ovu publikaciju:
Časopis indeksira:
- Web of Science Core Collection (WoSCC)
- Emerging Sources Citation Index (ESCI)
- EconLit
