Matches in SemOpenAlex for { <https://semopenalex.org/work/W2310060372> ?p ?o ?g. }
- W2310060372 endingPage "145" @default.
- W2310060372 startingPage "129" @default.
- W2310060372 abstract "This study explores macroeconomic and industry-level effects on corporate systematic risk (or beta) for the international shipping industry. We document the extent to which stock market betas fluctuate over time in this asset-intensive and cyclical industry. Moreover, we analyze the fundamental determinants of systematic risk. We find evidence for high levels of systematic risk in shipping stocks, which match the fundamental risk characteristics of the industry (such as high financial and operating leverage). Shipping firms exhibit distinct industry-specific beta dynamics compared to firms from benchmark sectors or the average firm in the S&P 500 index. Changes in both economic conditions and industry-specific risk factors explain large proportions of beta variation in the cross-section of firms and over time." @default.
- W2310060372 created "2016-06-24" @default.
- W2310060372 creator A5037222700 @default.
- W2310060372 creator A5039804346 @default.
- W2310060372 creator A5063886650 @default.
- W2310060372 date "2016-04-01" @default.
- W2310060372 modified "2023-10-14" @default.
- W2310060372 title "Systematic risk behavior in cyclical industries: The case of shipping" @default.
- W2310060372 cites W1536779365 @default.
- W2310060372 cites W1971432209 @default.
- W2310060372 cites W1971971256 @default.
- W2310060372 cites W1994894335 @default.
- W2310060372 cites W1995834279 @default.
- W2310060372 cites W1997506932 @default.
- W2310060372 cites W1998968611 @default.
- W2310060372 cites W2005118298 @default.
- W2310060372 cites W2007808684 @default.
- W2310060372 cites W2010648296 @default.
- W2310060372 cites W2010681793 @default.
- W2310060372 cites W2011506774 @default.
- W2310060372 cites W2011581294 @default.
- W2310060372 cites W2014333695 @default.
- W2310060372 cites W2015096826 @default.
- W2310060372 cites W2022753826 @default.
- W2310060372 cites W2026605399 @default.
- W2310060372 cites W2031209284 @default.
- W2310060372 cites W2031473126 @default.
- W2310060372 cites W2034478816 @default.
- W2310060372 cites W2037371503 @default.
- W2310060372 cites W2045403630 @default.
- W2310060372 cites W2047134779 @default.
- W2310060372 cites W2051986033 @default.
- W2310060372 cites W2053797943 @default.
- W2310060372 cites W2062035982 @default.
- W2310060372 cites W2064708451 @default.
- W2310060372 cites W2074270440 @default.
- W2310060372 cites W2081033748 @default.
- W2310060372 cites W2087178224 @default.
- W2310060372 cites W2090318031 @default.
- W2310060372 cites W2090645993 @default.
- W2310060372 cites W2091218307 @default.
- W2310060372 cites W2091612327 @default.
- W2310060372 cites W2098909994 @default.
- W2310060372 cites W2100450585 @default.
- W2310060372 cites W2101786721 @default.
- W2310060372 cites W2110411576 @default.
- W2310060372 cites W2124224757 @default.
- W2310060372 cites W2124532504 @default.
- W2310060372 cites W2133912683 @default.
- W2310060372 cites W2134807435 @default.
- W2310060372 cites W2149170345 @default.
- W2310060372 cites W2152089437 @default.
- W2310060372 cites W2164718518 @default.
- W2310060372 cites W2167953453 @default.
- W2310060372 cites W2170415678 @default.
- W2310060372 cites W2171277033 @default.
- W2310060372 cites W2528295441 @default.
- W2310060372 cites W3121258381 @default.
- W2310060372 cites W3121759882 @default.
- W2310060372 cites W3121790069 @default.
- W2310060372 cites W3121964130 @default.
- W2310060372 cites W3122378290 @default.
- W2310060372 cites W3122930026 @default.
- W2310060372 cites W3123226880 @default.
- W2310060372 cites W3123466429 @default.
- W2310060372 cites W3123817661 @default.
- W2310060372 cites W3123957507 @default.
- W2310060372 cites W3124180244 @default.
- W2310060372 cites W3124259038 @default.
- W2310060372 cites W3124536539 @default.
- W2310060372 cites W3124747412 @default.
- W2310060372 cites W3124767679 @default.
- W2310060372 cites W3125346872 @default.
- W2310060372 cites W3125717248 @default.
- W2310060372 cites W3216651525 @default.
- W2310060372 cites W4250403971 @default.
- W2310060372 cites W4385795614 @default.
- W2310060372 doi "https://doi.org/10.1016/j.tre.2016.01.008" @default.
- W2310060372 hasPublicationYear "2016" @default.
- W2310060372 type Work @default.
- W2310060372 sameAs 2310060372 @default.
- W2310060372 citedByCount "26" @default.
- W2310060372 countsByYear W23100603722016 @default.
- W2310060372 countsByYear W23100603722017 @default.
- W2310060372 countsByYear W23100603722018 @default.
- W2310060372 countsByYear W23100603722019 @default.
- W2310060372 countsByYear W23100603722020 @default.
- W2310060372 countsByYear W23100603722021 @default.
- W2310060372 countsByYear W23100603722022 @default.
- W2310060372 countsByYear W23100603722023 @default.
- W2310060372 crossrefType "journal-article" @default.
- W2310060372 hasAuthorship W2310060372A5037222700 @default.
- W2310060372 hasAuthorship W2310060372A5039804346 @default.
- W2310060372 hasAuthorship W2310060372A5063886650 @default.
- W2310060372 hasConcept C10138342 @default.
- W2310060372 hasConcept C106159729 @default.
- W2310060372 hasConcept C119857082 @default.
- W2310060372 hasConcept C127413603 @default.