An Inter-temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria

David Mautin OKE; Salami Dada KAREEM

Makale detayları

An Inter-temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria

Yazarlar:

David Mautin OKE | Salami Dada KAREEM

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Energy Economics and Policy 2013 Vol.3 Issue 2, pp.178-184

Belge Tipi:

Makale

Yayın Tarihi:

5/2013

Belge Dili:

Türkçe

Document ID (Org No.):

2000816853

Sıklık:

İki Aylık

eISSN:

2146-4553

Özet:

 

There have been growing needs to investigate oil and gas firms more closely due to their corporate scandals. Globally, oil firm managements have become more risk intolerant. They are sometimes under pressure to deliver results within a short time, which often negatively affect their ability to undertake risky ventures that are rewarding.Applying the Data Envelopment Analysis, this paper shows a high level of technical operational inefficiency of 0.51 in Nigerian oil industry over the period 2006-2009. The fall in technical efficiency of the oil firms in 2009 might be attributed to the banking crisis in Nigeria in 2009 that affected financial operations of some oil firms that relied on banking credits for running their business, and the fall in global oil prices relative to mid 2008.

Makale detayları

An Inter-temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria

Yazarlar: David Mautin OKE | Salami Dada KAREEM

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Energy Economics and Policy 2013 Vol.3 Issue 2, pp.178-184

Belge Tipi: Makale

Yayın Tarihi: 5/2013

Belge Dili: Türkçe

Document ID (Org No.): 2000816853

Sıklık: İki Aylık

eISSN: 2146-4553

Sayı

Yazarlar:

David Mautin OKE | Salami Dada KAREEM

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Energy Economics and Policy 2013 Vol.3 Issue 2, pp.178-184

Belge Tipi:

Makale

Yayın Tarihi:

5/2013

Belge Dili:

Türkçe

Document ID (Org No.):

2000816853

Sıklık:

İki Aylık

eISSN:

2146-4553