Initial public offering of shipping companies as a method of financing and privatization

Authors

I. V. Shevchenko
Kuban State University, Russian Federation
N. V. Khubutia
Kuban State University, Russian Federation

DOI

https://doi.org/10.31429/2224042X_2021_62_8

Abstract

This article looks at the specifics of initial public offerings (IPOs) in the shipping industry. The shipping sector is a market of great interest, with a long history in our country; the economies of many countries are based on shipping. The IPO review includes a theoretical overview of the IPO with a focus on the shipping sector, it also includes an overview of the shipping industry, describes the shipping market, financing methods in the shipping industry, and provides a picture of the financial cycles of the shipping business with reference to the financial performance of shipping companies. The article reflects a systematic analysis of all related parties in the IPO process and describes the role and interests of the company that goes public, the bank responsible for the IPO (underwriter), and investors.

Keywords

model of homo, methodology, ontology, ethics, economic rationality

Authors Info

I. V. Shevchenko

Doctor of Economics, Full Professor, Dean of economic faculty at Kuban State University

N. V. Khubutia

Postgraduate student of Finance and Credit Department at Kuban State University

References

  1. Делоф М., Де Маеснейр В., Ингельбрехт К. Как инвестиционные банки оценивают первичное публичное размещение акций (IPO) // Журнал по бизнесу, финансам и бухгалтерскому учету. 2007. № 4. С. 127—133.
  2. Шульц П.Х., Заман М.А. Послепродажная поддержка и занижение цен на первичные публичные предложения // Журнал финансовой экономики. 1994. Т. 35 (2). С. 199—219.
  3. Arosio R., Guidici G., Paleari S. What drives the initial market performance of Italian IPOs? Bergamo, 2000.
  4. Cournot A.A. Recherches sur les principes mathematiques de la theorie des richesses. Paris, 1838.
  5. Initial Public Offerings. U.S. Securities and Exchange Commission. URL: http://www.sec.gov/answers/ipo.htm.

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Article Details

Issue

2021 · No. 2 (62)

Section

Investments

Publication History

Published 2021-06-04

How to Cite

[1]
Shevchenko I.V., Khubutia N.V. Initial public offering of shipping companies as a method of financing and privatization // Economics: Theory and Practice. 2021. No 2 (62). С. 8–14. DOI: 10.31429/2224042X_2021_62_8

License

Copyright (c) 2025 I. V. Shevchenko, N. V. Khubutia

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This work is licensed under a Creative Commons Attribution 4.0 International License.