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...

British overseas investment was a powerful force behind rapid global integration before World War I. Close to half of the total was in the form of foreign direct investment. Weetman Pearson was among the most successful of Britain's overseas-based entrepreneurs of the period. By 1919, the...

The entrepreneurial activity of Enrico Mattei, who headed the Italian state oil company AGIP (later ENI) from 1945 to 1962, laid the groundwork for the company's growth during the 1950s and 1960s. Mattei relied on a group of knowledgeable specialists, who were equipped with a complex set of...

The intricate interplay among environmental pressure groups, oil companies, and governments is revealed from the perspective of the Anglo-Dutch company Royal Dutch Shell. An examination of three environmental issues demonstrates the company's awareness of such problems and describes its efforts...

This issue brings together five articles on the modern petroleum industry. Two cover the growth of the industry in the early twentieth century: Michael Adamson's study of the development by independent oilman Ralph Lloyd of California's coastal oil region; and the study by Lisa Bud-Frierman,...

[enter Abstract Body]The paper examines the determinants of corporate social disclosure (CSD) using a sample drawn from environmentally sensitive industries. It extends the traditional literature in two respects. First, it is international in scope, examining the accounting disclosure responses...

When provinces raise royalties charged on oil and gas production, the result can be less, not more tax revenues. The authors show how resource-rich provinces would be better off relying more on auctions for exploration and development rights and relying less on royalties levied on output. Oil...

Существующий в Российской Федерации механизм изъятия ресурсной ренты от продажи общенациональных ресурсов является путем покрытия неэффективности главным...

Petroleum complex is Russia's basic economic sector which is playing a leading role in providing the state budget revenues. This paper is dedicated to the main issues of the government petroleum tax policy in Russia. The author analyses the outcome of the implemented petroleum tax reform and...

Oil and gas sector remains the backbone of the Russian economy and produces the lion's share of the state budget revenues and of the trade balance. Acute oil price fluctuations which took place on the free market, reduction in demand for gas, as well as objective fall in the oil and gas...