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The effects of vertical integration on oil company performance

Subtitle:
OIES paper: M21
Abstract:

When asked to rank industries by their degree of vertical integration, most people would agree that the oil industry should come top of the list. Underlying this belief is the fact that integration and size tend to be closely associated. As the oil industry is so large and oil companies so visible and perceived as so profitable, the common belief is a correlation between vertical integration, size and performance. If a dynamic view is taken of this cross-sectional observation we would expe...

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Publication status:
Published
Peer review status:
Reviewed (other)
Version:
Publisher's version

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Institution:
University of Oxford
Research group:
Oxford Institute for Energy Studies
Publisher:
Oxford Institute for Energy Studies Publisher's website
Publication date:
1995
URN:
uuid:a4265e26-a3fc-483d-adda-182d0e432972
Local pid:
ora:10322
ISBN:
0-948061-90-1

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