Zusammenhang zwischen Ölpreisentwicklung und der Aktienperformance börsennotierter Logistikdienstleister
Journal
Betriebswirtschaftliche Forschung und Praxis
ISSN
0340-5370
Type
journal article
Date Issued
2017
Author(s)
Hofmann, Erik
;
Prockl, Günter
Abstract (De)
The paper investigates two hypotheses on a potential relationship between stock performance of logistics service providers and the price development for oil, seen as crucial cost factor in particular for transportation. A global peer group of 307 companies is analyzed for a period of ten years. Additionally the authors provide a more differentiated analysis into single modes of transportation on track, road, and water. It becomes apparent that only in short periods of times, the financial performance of logistics service providers declines as the oil price rises but in the long run, the oil price and the stocks develop fairly evenly.
Language
German
HSG Classification
contribution to scientific community
HSG Profile Area
SoM - Business Innovation
Refereed
Yes
Publisher
Verlag Neue Wirtschafts-Briefe
Volume
69
Number
3
Start page
359
End page
383
Subject(s)
Eprints ID
254478