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/20.500.14279/9299
DC FieldValueLanguage
dc.contributor.authorKavussanos, Manolis G.-
dc.contributor.authorTsouknidis, Dimitris-
dc.contributor.otherΤσουκνιδής, Δημήτρης-
dc.date.accessioned2017-01-30T10:31:26Z-
dc.date.available2017-01-30T10:31:26Z-
dc.date.issued2016-10-01-
dc.identifier.citationTransportation Research Part E: Logistics and Transportation Review, 2016, vol. 94, pp. 71-94en_US
dc.identifier.issn13665545-
dc.identifier.urihttps://hdl.handle.net/20.500.14279/9299-
dc.description.abstractThis paper proposes a credit scoring model for the empirical assessment of default risk drivers of shipping bank loans. A unique dataset, consisting of the credit portfolio of a ship-lending bank is used to estimate a logit model with two-way clustered adjusted standard errors, ensuring robust inferences. Industry specific variables, captured through current and expected conditions in the extremely volatile global shipping freight markets, the risk appetite of borrowers–the shipowners – expressed through the chartering policy they follow – and a pricing variable, are shown for the first time to be the important factors explaining default probabilities of bank loans.en_US
dc.formatpdfen_US
dc.language.isoenen_US
dc.relation.ispartofTransportation Research Part E: Logistics and Transportation Reviewen_US
dc.rights© Elsevieren_US
dc.subjectBank loansen_US
dc.subjectCredit scoring modelsen_US
dc.subjectDefault risken_US
dc.subjectShippingen_US
dc.titleDefault risk drivers in shipping bank loansen_US
dc.typeArticleen_US
dc.collaborationAthens University of Economics and Businessen_US
dc.collaborationCyprus University of Technologyen_US
dc.subject.categoryEconomics and Businessen_US
dc.journalsSubscriptionen_US
dc.countryGreeceen_US
dc.countryCyprusen_US
dc.subject.fieldSocial Sciencesen_US
dc.publicationPeer Revieweden_US
dc.identifier.doi10.1016/j.tre.2016.07.008en_US
dc.relation.volume94en_US
cut.common.academicyear2016-2017en_US
dc.identifier.spage71en_US
dc.identifier.epage94en_US
item.fulltextNo Fulltext-
item.languageiso639-1en-
item.grantfulltextnone-
item.openairecristypehttp://purl.org/coar/resource_type/c_6501-
item.cerifentitytypePublications-
item.openairetypearticle-
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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