ENGLISH ABSTRACT: Successful merger and acquisitions (M & A) from a financial perspective increases shareholder value. This paper examines the effect of corporate mergers and acquisitions (M & A) on shareholder value. A discussion on shareholder value follows with reasons why companies choose M...

ENGLISH ABSTRACT: The increasing global demand for and dependency on oil provides tremendousopportunities for oil-producing countries. Supported by the unprecedentedeconomic growth in developing countries such as China and India, the globaldemand for oil is estimated to increase by 50% from the...

This study investigates the use of discretion by oil and gas companies in reporting financial performance and oil and gas reserve estimates during times of high political scrutiny resulting from increases in energy prices. Hypotheses tested in prior literature state that companies facing the...

This study attempts to resolve two important issues. First, it investigates the diversification benefit of crude oil for equities. Second, it examines whether or not crude oil derivatives transactions by oil and gas producers can change shareholders' wealth. With these two major goals in mind, I...

Acknowledgments -- Introduction. p.1 -- 1. Early years in the West. p.7 -- 2. Oil and railroads in Southern California, 1892-1902. p.23 -- 3. The birth of the Mexican oil industry, 1900-1910. p.52 -- 4. Return to California, 1908-1912. p.87 -- 5. Creating an international oil company, 1912-1915....

Abstract: British and US oil companies set up the world's largest oil refinery transhipment complex in the Caribbean after the Suez Crisis and a technological revolution in oil tanker design in 1956. Trinidad and Tobago became one of the world's largest oil refinery and transhipment centres. In...

The retail and distribution industry in Botswana's deregulated economy is one of the largest and most difficult sectors in which to operate, mainly because of levels of competition amongst Botswana companies and the global competitive industry, in general. Hill (2000:539) postulates that...

Since its inception, the domestic corn ethanol industry in the United States has been dependant on federal subsidies and trade restrictions to keep afloat. Although this political support has allowed the industry to grow, there have been a number of negative externalities as a result, namely the...

The M.I.T. World Oil Project has been developing improved methods and data for analysis of the future course of the world oil market. Any forecast of this market depends on analysis of the likely demand for oil imports by major consuming countries, and the likely supply from exporters who behave...

This paper presents a user's guide and documentation for a macrofinancial model of Venezuela. This model was developed under a DOE International Affairs Division grant (contract no. EX-76-A-01-2295) for the project, "A Financial Model of Oil Supply for an Oil-Producing Country." Also, this work...