1. Ktisis Cyprus University of Technology
  2. Cyprus University of Technology (Research Output)
  3. Άρθρα/Articles
Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.14279/14670
DC FieldValueLanguage
dc.contributor.authorKavussanos, Manolis G.-
dc.contributor.authorTsouknidis, Dimitris-
dc.contributor.otherΤσουκνίδης, Δημήτρης-
dc.date.accessioned2019-07-22T11:22:49Z-
dc.date.available2019-07-22T11:22:49Z-
dc.date.issued2014-10-
dc.identifier.citationTransportation Research Part E: Logistics and Transportation Review, 2014, vol. 70, no. 1, pp. 55-75en_US
dc.identifier.issn13665545-
dc.identifier.urihttps://hdl.handle.net/20.500.14279/14670-
dc.description.abstractThis paper investigates whether bond, issuer, industry and macro-specific variables account for the observed variation of credit spreads' changes of global shipping bond issues before and after the onset of the subprime financial crisis. Results show that conclusions as to the significant variables of spreads depend significantly on whether two-way cluster-adjusted standard errors are utilized, thus rendering results in the extant literature ambigious. The main determinants of global cargo-carrying companies' shipping bond spreads are found in this paper to be: the liquidity of the bond issue, the stock market's volatility, the bond market's cyclicality, freight earnings and the credit rating of the bond issue. © 2014 Elsevier Ltd.en_US
dc.language.isoenen_US
dc.relation.ispartofTransportation Research Part E: Logistics and Transportation Reviewen_US
dc.rights© Elsevieren_US
dc.subjectBond spreadsen_US
dc.subjectTwo-way clustered standard errorsen_US
dc.subjectShipping financeen_US
dc.subjectShippingen_US
dc.subjectPanel dataen_US
dc.subjectcargoen_US
dc.subjectstock marketen_US
dc.subjectcredit provisionen_US
dc.titleThe determinants of credit spreads changes in global shipping bondsen_US
dc.typeArticleen_US
dc.collaborationAthens University of Economics and Businessen_US
dc.collaborationRegent's University Londonen_US
dc.subject.categoryEconomics and Businessen_US
dc.journalsSubscriptionen_US
dc.countryGreeceen_US
dc.countryUnited Kingdomen_US
dc.subject.fieldSocial Sciencesen_US
dc.publicationPeer Revieweden_US
dc.identifier.doi10.1016/j.tre.2014.06.001en_US
dc.identifier.scopus2-s2.0-84904553014-
dc.identifier.urlhttps://api.elsevier.com/content/abstract/scopus_id/84904553014-
dc.relation.issue1en_US
dc.relation.volume70en_US
cut.common.academicyear2014-2015en_US
dc.identifier.spage55en_US
dc.identifier.epage75en_US
item.languageiso639-1en-
item.cerifentitytypePublications-
item.openairetypearticle-
item.openairecristypehttp://purl.org/coar/resource_type/c_6501-
item.fulltextNo Fulltext-
item.grantfulltextnone-
crisitem.journal.journalissn1366-5545-
crisitem.journal.publisherElsevier-
crisitem.author.deptDepartment of Finance, Accounting and Management Science-
crisitem.author.facultyFaculty of Management and Economics-
crisitem.author.orcid0000-0003-1866-2590-
crisitem.author.parentorgFaculty of Management and Economics-
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