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Petroleum administration can be regarded as a principal-agent problem. The government allocates exploration and production rights to petroleum companies on behalf of the population. The government is the principal and the companies are agents. With the aim of capturing revenue for the state, the...
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oil prices by OPEC. This led the U.S. to use a “Price Control” policy in the domestic energy market. The effects of such … policy are explored and well documented. However, the responses of OPEC producers to such a policy need further attention …. This paper examines the effects of these price controls on OPEC's extraction path. It also examines the relation between …
Persistent link: https://www.econbiz.de/10013038399
parents’ performance due to the loss of human capital, the disruption of organizational routines and subsequent adverse … are conditions under which spinouts may be linked to enhanced performance of the parent. I contribute to this literature … industry (1890-1986), I find evidence that spinouts are associated with enhanced parent performance when they increase the …
Persistent link: https://www.econbiz.de/10014214058
% of natural gas electricity production as of 2020. The ownership changes are concentrated in deregulated wholesale markets … leakage, but private equity has similar decommissioning rates to incumbents. The new ownership types create more efficient … power plants with a lower heat rate and improve the efficiency of acquired plants. Our results also highlight an important …
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We analyse the evolution of the systemic risk impact of oil and natural gas companies since 2000. This period is characterised by several events that affected energy source markets: the real effect of the global financial crisis, the explosion of shale production and the diffusion of the...
Persistent link: https://www.econbiz.de/10013358988
This article is focused on the identification of social performance factors. For this purpose, a multidimensional … employees over 250. The aim of the factor analysis was selection of significant indicators and performance factors for selected … internal management shall be necessary prior to company's decision regarding the measures of key performance indicators. …
Persistent link: https://www.econbiz.de/10010385537
performance. However, high purpose firms come in two forms: firms characterized by high camaraderie between workers and firms … higher future accounting and stock market performance, even after controlling for current performance, and that this relation … of their organization and the clarity in the path towards that purpose experience better performance …
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