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This paper studies financial statement information from the 50 largest international oil and gas companies during 1992 to 2011 and evaluates their relation to market values. In particular, we examine how this relationship is affected by accounting method choice (successful efforts versus full...
Persistent link: https://www.econbiz.de/10013043599
This paper studies financial statement information from the 50 largest international oil and gas companies during 1992 to 2011 and evaluates their relation to market values. In particular, we examine how this relationship is affected by accounting method choice (successful efforts versus full...
Persistent link: https://www.econbiz.de/10013045849
State-owned and other state-invested enterprises (SIEs) have become more prominent in the global economy over the last decade. A growing role for state-invested enterprises in the marketplace is not in itself onerous. According to an OECD consensus, as expressed through the Organisation’s...
Persistent link: https://www.econbiz.de/10010382770
The purpose of this paper is to present the role of multinational companies in general then its role in Sudan with particular emphasis on oil exploration and extraction. Chinese companies of multi-nationalities currently control the newly born oil industry in the country. Needless to say that...
Persistent link: https://www.econbiz.de/10013113900
Multinational enterprises (MNEs) are increasingly facing global environmental issues which require coordinated market and non-market strategic responses. This article analyses the strategic responses by US and European multinational enterprises in the oil industry to the global climate change...
Persistent link: https://www.econbiz.de/10014029879
Behind pessimistic expectations regarding the future of an international climate treaty, substantial changes can be observed in company positions. Multinationals in the oil and car industries are increasingly moving toward support for the Kyoto Protocol, and take measures to address climate...
Persistent link: https://www.econbiz.de/10014034471
Persistent link: https://www.econbiz.de/10011699486
This paper studies financial statement information from the 50 largest international oil and gas companies during 1992 to 2011 and evaluates their relation to market values. In particular, we examine how this relationship is affected by accounting method choice (successful efforts versus full...
Persistent link: https://www.econbiz.de/10010428751
This case study explores the corporate criminal liability of the Chinese National Petroleum Corporation (CNPC) for complicity in the Darfur genocide in Sudan. Together with theoretical elements published elsewhere, this paper builds the prosecution's case as an example of the type of litigation...
Persistent link: https://www.econbiz.de/10013107606
The recent dramatic fall in oil prices has led to extensive capital rationing in international oil companies, and subsequent fierce competition between resource extraction countries to attract scarce investment. This situation is not adequately addressed by the large literature on international...
Persistent link: https://www.econbiz.de/10012958877