碩士 / 東吳大學 / 企業管理學系 / 100 / Taiwan is an island, highly depends on external trade to be the main economic resource. Because of the primary means of transportation is shipping, will be affected by environmental factors like crude price and economic prospect. This research will explore the relationship between crude price and the operating performance of domestic shipping companies.
This research use multiple regression analysis to establish the model of relationship between 6 financial rates and 4 factors that will affect the operating performance of shipping companies, observe the effect of delayed of crude price, and compare container shipping companies with bulk shipping companies.
Finally, for domestic shipping companies, when crude price increase, gross profit margin and operating profit margin will decrease and increase variable cost. And this effect will exist in many seasons. The effect of crude price in pre-tax net income and net income will depends on the strategy of shipping companies, there is no obvious difference between container shipping companies and bulk shipping companies. Crude price have no effect in revenue growth rate. And the economic prospect will highly affect the performance of shipping companies, especially for container shipping companies because of more international trade. So, the managers not only find the way to decrease oil cost, but also evaluate the economic prospect precisely and develop suitable strategy.
| Identifer | oai:union.ndltd.org:TW/100SCU05121058 |
| Date | January 2012 |
| Creators | Chieh-Chien Hsiao, 蕭喆謙 |
| Contributors | Kai-chieh Chia, Jin-shyang Roan, 賈凱傑, 阮金祥 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 85 |
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