The financial mobility of motor carriers: Pre- and post-deregulation

Carl A. Scheraga, John A. Haslem and Thomas M. Corsi

Transportation Research Part A: Policy and Practice, 1994, vol. 28, issue 5, 401-414

Abstract: This study uses a pooled matched-sample for the years 1977 and 1987 to examine the strategic adaptability of motor carriers, in the post-deregulation environment in the context of financial mobility. This concept, first delineated by Donaldson, refers to the strategic inventorying of financial resources and sources to meet anticipated and unanticipated cash needs. A refined and sophisticated balance sheet framework is used to define, for each motor carrier in the sample, changes in the degree of financial mobility. These changes are then linked to firm performance. Using several measures of performance, the empirical results demonstrate that motor carriers who developed a "systems" approach to managing the strategic nature of their balance sheet were the most profitable.

Date: 1994
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0965-8564(94)90023-X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transa:v:28:y:1994:i:5:p:401-414

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

Access Statistics for this article

Transportation Research Part A: Policy and Practice is currently edited by John (J.M.) Rose

More articles in Transportation Research Part A: Policy and Practice from Elsevier
Bibliographic data for series maintained by Catherine Liu ().