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INVESTIGATING THE RELATIONSHIP BETWEEN DIGITALIZATION AND VALUATION OF GLOBAL LOGISTICS COMPANIES

We are trying to explore and analyze the possible relationship between digitalization and the valuation of global logistics companies. We focus on the top 70 global logistics companies listed on reputable stock exchanges around the world by market value and go through their annual reports and audited financial accounts with a view to create an insight on their level of digitalization. We observe that there is an obvious increase in attention to digitalization by the logistics service providers throughout the world over the last decade. While we are not in the position to prove a causal relationship between digitalization and valuation, we find that an increase in digitalization awareness is strongly related to growth in both financial performance and market valuation in the logistics industry, especially during the recent disrupting period caused by the COVID-19 pandemic. It seems that investors across different major capital markets, from New York to London, Frankfurt to Tokyo, Hong Kong to Shanghai, are willing to reward digitalization efforts made by a logistics company in the form of both higher absolute value and rate of increase of market capitalization. / Business Administration/Finance

Identiferoai:union.ndltd.org:TEMPLE/oai:scholarshare.temple.edu:20.500.12613/8523
Date January 2023
CreatorsChow, Kevin Ka Lok
ContributorsBakshi, Gurdip, Gao Bakshi, Xiaohui, Zhao, Zhigen, Gordon, Elizabeth A. (Associate professor)
PublisherTemple University. Libraries
Source SetsTemple University
LanguageEnglish
Detected LanguageEnglish
TypeThesis/Dissertation, Text
RightsIN COPYRIGHT- This Rights Statement can be used for an Item that is in copyright. Using this statement implies that the organization making this Item available has determined that the Item is in copyright and either is the rights-holder, has obtained permission from the rights-holder(s) to make their Work(s) available, or makes the Item available under an exception or limitation to copyright (including Fair Use) that entitles it to make the Item available., http://rightsstatements.org/vocab/InC/1.0/
Relationhttp://dx.doi.org/10.34944/dspace/8487, Theses and Dissertations

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