How Long to Read National Oil Companies and Value Creation

By Silvana Tordo

How Long Does it Take to Read National Oil Companies and Value Creation?

It takes the average reader 2 hours and 34 minutes to read National Oil Companies and Value Creation by Silvana Tordo

Assuming a reading speed of 250 words per minute. Learn more

Description

National Oil Companies (NOCs) directly or indirectly control the majority of oil and gas reserves. As such, they are of great consequence to their country's economy, to importing countries' energy security, and to the stability of oil and gas markets. The paper analyzes the available evidence on the objectives, governance and performance of 20 NOCs from both net importing and net exporting countries, and draws conclusions about the design of policies and measures that are more likely to lead to social value creation. NOCs differ from private companies on a number of very important variables, including the level of competition in the market in which they operate, their business profile along the sector value chain, and their degree of commercial orientation and internationalization. Most share some core characteristics: they are usually tied to the 'national purpose' and serve political and economic goals other than maximizing the firm's profits. This paper introduces a conceptual model to analyze value creation by NOCs that takes into consideration their complex objective function. Our analysis aims to answer the following questions: Are certain corporate governance arrangements more suited than others to promote value creation? Is good geology a pre-condition for NOC value creation? Are there benefits from exposing the NOC to competition from private oil companies? Does the development of forward and backward linkages hamper NOC value creation?

How long is National Oil Companies and Value Creation?

National Oil Companies and Value Creation by Silvana Tordo is 149 pages long, and a total of 38,591 words.

This makes it 50% the length of the average book. It also has 47% more words than the average book.

How Long Does it Take to Read National Oil Companies and Value Creation Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours and 30 minutes to read National Oil Companies and Value Creation aloud.

What Reading Level is National Oil Companies and Value Creation?

National Oil Companies and Value Creation is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy National Oil Companies and Value Creation?

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