Analysis of Financial Strategies of 3PL Companies in the GCC

Vijaya Kumar, Subhadra Satapathy and Hameedah Sayani
Additional contact information
Vijaya Kumar: Middlesex University Dubai, Dubai, United Arab Emirates
Subhadra Satapathy: Middlesex University Dubai, Dubai, United Arab Emirates
Hameedah Sayani: Mohammed Bin Rashid School of Government, Dubai, UAE

International Journal of Corporate Finance and Accounting (IJCFA), 2017, vol. 4, issue 1, 16-34

Abstract: This article aims to analyze the financial strategy of publicly listed third party logistics (3PL) companies in the GCC over a period of four years (2010–2013). It evaluates the financial strategies employed by 3PL companies under consideration and subsequent value generation and wealth maximization for their shareholders. A comparison of financial strategies adopted by 3PL companies in the GCC countries reveals that all three companies included in the authors' sample use different financial strategies; however, these strategies are effective in yielding greater returns on common equity. The article highlights the importance of investing and financing decision for equity providers, an area which has received less importance in the logistics literature.

Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
http://services.igi-global.com/resolvedoi/resolve. ... 018/IJCFA.2017010102 (application/pdf)

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:igg:jcfa00:v:4:y:2017:i:1:p:16-34

Access Statistics for this article

International Journal of Corporate Finance and Accounting (IJCFA) is currently edited by Apostolos G. Christopoulos

More articles in International Journal of Corporate Finance and Accounting (IJCFA) from IGI Global
Bibliographic data for series maintained by Journal Editor ().