Research On The Optimum Way For Shipping Companies To Raise Money

In the course of raising money, shipping companies ought to decide two issues: the amount of money to he raised and the mode of money-raising; The former is generally determined by the scale of the target project while the latter by different capital types, capital risks and capital costs. With this in mind, this thesis holds that the shipping companies should revolve around how to optimize the mode of money-raising in Their policy making.Different modes of money-raising have direct influence on the capital mode and furthermore on the companies' economic benefit due to the great amount of money to be raised and the high risk therein, which are characteristic of shipping companies. Both domestic and foreign cases concerned indicate that it is usually inexpedient capital mode that leads to the companies" financial difficulties, which sometimes result in their bankruptcy. Therefore, it is essential for shipping companies to study, the effect of different mode of raising money and make scientific money-raising po1icy.This thesis starts with the analysis of the way domestic shipping companies raise money and the influence of relative national policies on shipping industry. Examples of cases are included here to illustrate practical ways for the shipping companies to raise money. On the above basis, this thesis integrates contemporary money-raising theories with Chinese national conditions as well as shipping industry features and makes intensive research on the shipping companies" policy making in raising money with the purpose of finding out the optimum way for shipping companies to raise money.