Saturday, 31 March 2012: 2:15 PM
According to recent studies administration systems in shipping are being developed continuously regarding two aspects. Firstly, using modern methods of design programs and measurement of performance and results and secondly with the adoption of main factors of corporate governance as defined by the Organization for Economic Co-operation and Development. As per prescriptive framework of the Organization, the fundamentals of corporate governance constitute one basic tool for the improvement of the legal, institutional, prescriptive framework of corporate governance and are focused not only in financial matters but in matters of organization and administration of listed companies in international stock exchanges including shipping companies. These developments constitute part of this research. Especially, the use of modern methods of calculation of the performance and targeting of the results and the factors of corporate governance have been included in the questions of one structured questionnaire for executive officers of shipping companies for the period 2011-2015 in order to verify the importance that the executive officers assign in these developments and the likely future adjustment of the Greek shipping companies in the herein-below characteristics.