ایجاد ارزش سهامداران در آشفتگی بخش حمل و نقل : تمرکز بر حمل و نقل راه آهن در آمریکای شمالی
|کد مقاله||سال انتشار||مقاله انگلیسی||ترجمه فارسی||تعداد کلمات|
|43222||2015||12 صفحه PDF||سفارش دهید||10195 کلمه|
Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)
Journal : Expert Systems with Applications, Volume 42, Issue 1, January 2015, Pages 113–124
In transportation sector implemented deregulation processes as well as increased free competition in the global scale have been key change drivers in recent decades. This research work analyzes in retrospective shareholder value creation in North American railway freight and peer group of four transportation companies from Europe and one from Asia. Research shows that North American, and particularly Canadian, railway freight companies own exceptional ability to increase shareholder value over time. From peer group companies Ryanair and Copenhagen airports have shown similar performance. In comparison all analyzed companies beat Dow Jones index as its starting year is 2000. However, index performs better, if it is enlarged to take into account decades long time period. As a caveat for analyzed well performing companies are occasionally occurred economic crisis times, which challenge ownership advances as declines have been rapid and significant.