외항해운기업의 경영성과에 대한 비교 분석 - 금융위기 전후 변화와 전산업․운수업과 비교를 중심으로 -

Abstract

As the ocean-going shipping companies play a key role in Korea's shipping industry, concern that the basis of Korea's shipping industry may collapse is prevalent among the shipping markets if they are continuously suffering from financial difficulties. This paper analyzes the business performance of ocean-going shipping companies that have experienced difficulties in management since the global financial crisis. Specifically, the study conducts financial statement analysis of ocean-going shipping companies in Korea, analyzes their financial structure before and after the financial crisis, and compare with business performance of transportation industry and all industries. As a result, this paper finds the characteristics of the business outcome of korea's ocean-going shipping companies. Overall, their management condition has deteriorated considerably since the global financial crisis. In the result of comparative analysis, while their business outcomes were better than the transport industry and all industries before the financial crisis, their business outcome is getting significantly worse than the transport industry and all industries after the crisis. Therefore, during the economic boom, business outcomes of ocean-going shipping companies are better than the other industries, whereas during the economic recession, the need for risk management is growing.