13. mar 2025

The business of exiting: How a fishing firm optimized its departure from an ITQ-regulated industry

This study investigates the economic trajectory of a small Norwegian fishing vessel company (the exit firm; EF) operating in an Individual Transferable Quota (ITQ) regulated fishery over 24 years, culminating in its sale. The paper addresses three research questions: investment and financing strategies, financial performance, and factors influencing the exit’s timing.