IDEAS home Printed from https://ideas.repec.org/a/eee/retrec/v21y2007i1p63-93.html
   My bibliography  Save this article

Chapter 3 On Top of World Shipping: Greek Shipping Companies' Organization and Management

Author

Listed:
  • Theotokas, Ioannis

Abstract

The international shipping industry, and especially the bulk sector, has experienced the effects of numerous changes during the last three decades. It is not an exaggeration to state that one of the very few things that remained stable all these years is the leading position of Greek-owned fleet. Greeks own almost 17% of the world tonnage and rank at the top of the world maritime hierarchy. This chapter aims at examining the factors that have contributed to this success focusing on the internal environment of the companies by analyzing their resources and capabilities as well as their structural characteristics which created the conditions for their internal integration and the creation of a sustainable competitive advantage.

Suggested Citation

  • Theotokas, Ioannis, 2007. "Chapter 3 On Top of World Shipping: Greek Shipping Companies' Organization and Management," Research in Transportation Economics, Elsevier, vol. 21(1), pages 63-93, January.
    • Handle: RePEc:eee:retrec:v:21:y:2007:i:1:p:63-93
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0739-8859(07)21003-0
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Sarah Drakopoulou Dodd & Eleni Patra, 2002. "National differences in entrepreneurial networking," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 14(2), pages 117-134, July.
    2. Pietro Evangelista & Alfonso Morvillo, 1998. "The role of training in developing entrepreneurship: the case of shipping in Italy [1]," Maritime Policy & Management, Taylor & Francis Journals, vol. 25(1), pages 81-96, January.
    3. Costas T. Grammenos & Chong Ju Choi, 1999. "The Greek Shipping Industry," International Studies of Management & Organization, Taylor & Francis Journals, vol. 29(1), pages 34-52, March.
    4. Gelina Harlaftis & John Theotokas, 2004. "European Family Firms in International Business: British and Greek Tramp-Shipping Firms," Business History, Taylor & Francis Journals, vol. 46(2), pages 219-255.
    5. Harvey James, 1999. "Owner as Manager, Extended Horizons and the Family Firm," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 6(1), pages 41-55.
    6. Kyriaki Mitroussi, 2004. "The ship owners’ stance on third party ship management: an empirical study," Maritime Policy & Management, Taylor & Francis Journals, vol. 31(1), pages 31-45, January.
    7. Peter Lorange, 2001. "Strategic re-thinking in shipping companies," Maritime Policy & Management, Taylor & Francis Journals, vol. 28(1), pages 23-32, January.
    8. StewartJr., Wayne H. & Watson, Warren E. & Carland, Joann C. & Carland, James W., 1999. "A proclivity for entrepreneurship: A comparison of entrepreneurs, small business owners, and corporate managers," Journal of Business Venturing, Elsevier, vol. 14(2), pages 189-214, March.
    9. Kay, John, 1996. "The Business of Economics," OUP Catalogue, Oxford University Press, number 9780198292227.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alexandridis, George & Kavussanos, Manolis G. & Kim, Chi Y. & Tsouknidis, Dimitris A. & Visvikis, Ilias D., 2018. "A survey of shipping finance research: Setting the future research agenda," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 115(C), pages 164-212.
    2. George K. Vaggelas & Athanasios A. Pallis, 2019. "Configuration and Prospects of the Piraeus Shipping Cluster," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 69(1-2), pages 3-17, January-J.
    3. Tijan, Edvard & Jović, Marija & Aksentijević, Saša & Pucihar, Andreja, 2021. "Digital transformation in the maritime transport sector," Technological Forecasting and Social Change, Elsevier, vol. 170(C).
    4. Glyptis, Loukas & Hadjielias, Elias & Christofi, Michael & Kvasova, Olga & Vrontis, Demetris, 2021. "Dynamic familiness capabilities and family business growth: A longitudinal perspective framed within management accounting," Journal of Business Research, Elsevier, vol. 127(C), pages 346-363.
    5. Liagouras, George, 2018. "On the Edge of the South European Model: Familism, Business and State in Greece," OSF Preprints 8eqmb, Center for Open Science.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Thanopoulou, Helen A., 2007. "Chapter 2 A Fleet for the 21st Century: Modern Greek Shipping," Research in Transportation Economics, Elsevier, vol. 21(1), pages 23-61, January.
    2. Jean-Luc Arregle & Francesco Chirico & Liena Kano & Sumit K. Kundu & Antonio Majocchi & William S. Schulze, 2021. "Family firm internationalization: Past research and an agenda for the future," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(6), pages 1159-1198, August.
    3. Harvey S. James Jr., 2002. "On the Reliability of Trusting," Rationality and Society, , vol. 14(2), pages 229-256, May.
    4. Lagoudis, Ioannis N. & Theotokas, Ioannis, 2007. "Chapter 4 The Competitive Advantage in the Greek Shipping Industry," Research in Transportation Economics, Elsevier, vol. 21(1), pages 95-120, January.
    5. Bradley E. Hendricks & Mark Lang & Kenneth Merkley, 2022. "Through the eyes of the founder: CEO characteristics and firms’ regulatory filings," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 49(3-4), pages 383-422, March.
    6. Chan-Jane Lin & Tawei Wang & Chao-Jung Pan, 2016. "Financial reporting quality and investment decisions for family firms," Asia Pacific Journal of Management, Springer, vol. 33(2), pages 499-532, June.
    7. repec:hum:wpaper:sfb649dp2007-059 is not listed on IDEAS
    8. Francisco Javier Forcadell & Fernando Úbeda, 2022. "Individual entrepreneurial orientation and performance: the mediating role of international entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 875-900, June.
    9. Jean–Luc Arregle & Bat Batjargal & Michael A. Hitt & Justin W. Webb & Toyah Miller & Anne S. Tsui, 2015. "Family Ties in Entrepreneurs’ Social Networks and New Venture Growth," Entrepreneurship Theory and Practice, , vol. 39(2), pages 313-344, March.
    10. Zellweger, Thomas & Sieger, Philipp & Halter, Frank, 2011. "Should I stay or should I go? Career choice intentions of students with family business background," Journal of Business Venturing, Elsevier, vol. 26(5), pages 521-536, September.
    11. Isabelle Le Breton–Miller & Danny Miller, 2006. "Why Do Some Family Businesses Out–Compete? Governance, Long–Term Orientations, and Sustainable Capability," Entrepreneurship Theory and Practice, , vol. 30(6), pages 731-746, November.
    12. Bickenbach, Frank & Dohse, Dirk & Liu, Wan-Hsin, 2014. "An inquiry into the determinants of graduate entrepreneurship in Hong Kong and Guangzhou (Mainland China)," Kiel Working Papers 1940, Kiel Institute for the World Economy (IfW Kiel).
    13. Dafna Kariv & Carlo Giglio & Vincenzo Corvello, 2025. "Fostering Entrepreneurial intentions: exploring the interplay of education and endogenous factors," International Entrepreneurship and Management Journal, Springer, vol. 21(1), pages 1-27, December.
    14. Anderson, Ronald W. & Hamadi, Malika, 2009. "Large powerful shareholders and cash holding," LSE Research Online Documents on Economics 24422, London School of Economics and Political Science, LSE Library.
    15. Johan Eklund & Johanna Palmberg & Daniel Wiberg, 2013. "Inherited corporate control and returns on investment," Small Business Economics, Springer, vol. 41(2), pages 419-431, August.
    16. Andrea Bassanini & Thomas Breda & Eve Caroli & Antoine Rebérioux, 2013. "Working in Family Firms: Paid Less but More Secure? Evidence from French Matched Employer-Employee Data," ILR Review, Cornell University, ILR School, vol. 66(2), pages 433-466, April.
    17. Vishal K. Gupta & Suman Niranjan & Banu A. Goktan & John Eriskon, 2016. "Individual entrepreneurial orientation role in shaping reactions to new technologies," International Entrepreneurship and Management Journal, Springer, vol. 12(4), pages 935-961, December.
    18. Fiona Cocker & Angela Martin & Jenn Scott & Alison Venn & Kristy Sanderson, 2013. "Psychological Distress, Related Work Attendance, and Productivity Loss in Small-to-Medium Enterprise Owner/Managers," IJERPH, MDPI, vol. 10(10), pages 1-21, October.
    19. Guido Corbetta & Carlo Salvato, 2004. "Self–Serving or Self–Actualizing? Models of Man and Agency Costs in Different Types of Family Firms: A Commentary on “Comparing the Agency Costs of Family and Non–family Firms: Conceptual Issu," Entrepreneurship Theory and Practice, , vol. 28(4), pages 355-362, July.
    20. Razan Abdullah Al Rawaf & Abdulaziz Abdulmohsen Alfalih, 2023. "The Role of Governance in Achieving Sustainability in Family-Owned Business: Do Responsible Innovation and Entrepreneurial Culture Matter?," Sustainability, MDPI, vol. 15(7), pages 1-23, March.
    21. Sanjiva Prasad & Christopher J. Green & Victor Murinde, 2005. "Company Financial Structure: A Survey and Implications for Developing Economies," Chapters, in: Christopher J. Green & Colin Kirkpatrick & Victor Murinde (ed.), Finance and Development, chapter 12, Edward Elgar Publishing.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:retrec:v:21:y:2007:i:1:p:63-93. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/620614/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.