Financial determinants of credit risk in the logistics and shipping industries

• Main Authors: Woo, Su-Han, Kwon, Min-Su, Yuen, Kum Fai
• Other Authors: School of Civil and Environmental Engineering
• Format: Article
• Language: English
• Published: 2022
• Subjects: Engineering::Maritime studies; Credit Risk Analysis; Panel Data Regression
• Online Access: https://hdl.handle.net/10356/155452
• Institution: Nanyang Technological University

This study examines factors affecting the credit risk of global logistics and shipping companies using Altman’s Z-score and Ohlson’s O-score models. Panel data multiple regression analysis is conducted to evaluate the impacts of various financial ratios on credit risk for both industries and to asse...