The Effects of Baltic Dry Index and Oil Price Chang on Transportation Firm Performance in Taiwan / 波羅的海乾貨綜合運價指數、原油價格變動對台灣航運業績效之影響

碩士 / 南華大學 / 財務金融學系財務管理碩士班 / 102 / Taiwan is an island country and is located in an essential position among Asia, mostly relies on import and export business to improve economy development. Therefore, the transportation industry plays an important role inTaiwan.
  However, compare with transportation, the past data shows more case studies in electronics industry or other related ones. Otherwise, transportation is the sort of industry that requires a huge amount of capital, hence, Baltic dry index and oil price would have impact on operating profit and cost of transportation. Consequently, bring up the data by this case study is strongly hoped. In addition to it, to learn the factor that controls performance of transportation for the reference for future operation.
  Objects of this case study are 16 shipping business, data from January 2002 to December 2012, by panel data, to discover Baltic dry index and WTI price to the performance of transportation in Taiwan. This case study sums up into 6 performances as below: Financial construction, Profitability, Debt-paying ability, Growth potential, Cash flow and Operating ability. Among these, due to the lack of data, CSBC and Trans Asia Airways and Farglory are not included as samples. Case study shows: Baltic dry index changes will have impact on vendors’ profitability and operating ability, while WTI price changes will influence their financial construction, profitability, debt-paying ability and cash flow; long term funds changes have impact on vendors’ financial construction, profitability, debt-paying ability and operating ability. As to the change of exchange rate and interest rate, they have significant impact on the performance of debt-ability, operating ability, profitability, cash flow.

Identiferoai:union.ndltd.org:TW/102NHU00304020
Date January 2014
CreatorsShu-Chen Yeh, 葉叔真
ContributorsYi-Huey Lee, 李怡慧
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format50

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