Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/2372
Title: Organisational growth and firm performance in the international container shipping industry
Authors: Lun, Venus
Pang, Anthony
Panayides, Photis M.
Subjects: Factor market
Product market
Organisational capacity
Firm performance
Container shipping
Growth of firm
Issue Date: 2010
Publisher: Inderscience
Source: International journal of shipping and transport logistics, 2010, v. 2, no. 2, p. 206-223.
Abstract: Firms buy factor inputs in the factor market and sell value-added outputs to customers in the product market. Firms also engage in economic exchanges along and across the value chain. The combination of these value-adding and exchange functions determine a firm’s performance. This paper examines how the factor and product markets are related to organisational capacity and firm performance in the container shipping industry. The findings revealed that the price on the product market is positively related to the production capacity of the industry. This study also illustrates the relationship between firm size and level of vertical expansion for carriers to own ships rather than charter ships from the factor market. A regression equation model is developed to predict the level of ordering new ships by ocean carriers. This study tests the relationship between organisational capacity and firm performance, shedding light on the profitability of ocean carriers.
Rights: Copyright © 2010 Inderscience Enterprises Ltd. The journal web page at: http://www.inderscience.com/browse/index.php?journalID=304.
Type: Journal/Magazine Article
URI: http://hdl.handle.net/10397/2372
DOI: 10.1504/IJSTL.2010.030867
ISSN: 1756-6517
1756-6525
Appears in Collections:LMS Journal/Magazine Articles

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