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This paper sets out an analytical framework for assessing the performance and value creation of National Oil Companies (NOCs). NOCs differ greatly in their institutional environments, their corporate objectives and operations, and their domestic and international socio-economic linkages, which...
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This paper investigates the existence of ownership effects in the global oil and gas industry, i.e. whether there are systematic performance and efficiency differentials between National Oil Companies (NOCs) and privately-owned International Oil Companies (IOCs). After discussing key issues of...
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With the market-oriented reform of China's oil and gas industry, market entry regulation in the field of oil and gas … firms has been negative. China's oil and gas exploitation industry shows signs of industry shakeout. What factors led to the …, this paper collects the entry regulation policy documents of China's oil and gas exploitation industry and the entry, exit …
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an optimal response of the winner's prize to the size of the contestant pool is more evident for China's listed firms … to decide on the tournament winner). Using comprehensive financial and accounting data on China's listed firms from 1998 … effort and hence improved firm performance, and that the performance effect of the winner's prize is greater for China …
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