Initial public offers' importance in financing shipping companies. Case study on Scorpio Tankers Inc
Cristea Viorela-Georgiana,
Surugiu Felicia and
Surugiu Ioana
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Cristea Viorela-Georgiana: Constanta Maritime University Romania
Surugiu Felicia: Constanta Maritime University Romania
Surugiu Ioana: Constanta Maritime University Romania
Constanta Maritime University Annals, 2013, vol. 20, issue 2, 221-224
Abstract:
In the shipping industry there is a dynamic business environment which determines shipping companies to get some other financial resources in order to maintain and develop on this market. Through this paper we want to establish the important role of the initial public offers on the stock market, from the different geographically regions; the probability that these offers might determine the success or failure of a company and the way of this financing process could be made by a company which needs resources for development and surviving on such unstable market, as the maritime market is. In order to show how the initial public offers work on the stock market we took an example of a maritime company, Scorpio Tankers Inc., whose shares are listed on New York Stock Exchange, from 2010
JEL-codes: R0 R4 (search for similar items in EconPapers)
Date: 2013
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http://cmu-edu.eu/RePEc/cmc/annals/221-v20.pdf (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:cmc:annals:v:20:y:2013:i:2:p:221-224
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