Oil Nationalisation and Managerial Disclosure

Oil Nationalisation and Managerial Disclosure PDF Author: Neveen Talaat Hassan Abdelrehim
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Oil Nationalisation and Managerial Disclosure

Oil Nationalisation and Managerial Disclosure PDF Author: Neveen Abdelrehim
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The principal aim of this thesis is to contribute towards the understanding of the Anglo-Iranian Oil Company (AIOC, now British Petroleum) practices in Iran and thereby providing a clear picture of how nationalisation evolved on 1st May 1951 and how it was perceived by the stock market. Nationalisation brought into sharp focus issues affecting key AIOC stakeholder groups, including Iranian employees, Iranian government and UK investors which became the subject of claim and counter-claim from the AIOC board and Iranian nationalist opinion. As a consequence of these disputed claims, a propaganda battle became a crucial ingredient of the crisis, not least because a key objective of the AIOC management was to maintain investor confidence in the face of a major threat to its asset base but also reflecting the AIOC's ability to defend itself from the claims made by the Iranian government about unfairness in the sharing of proceeds, and discrimination against Iranians. In fact, this was crucial in absolving the company from any blame for the international crisis. As a result, in considering the above effects, by using AIOC as a case study, contrasts are drawn between the AIOC's management's public view of the crisis and the actual events as documented in the literature, official papers, and financial records. It is worth noting that this research will examine the extent to which the company exploited and manifested Iranian rights by drawing on evidence from major neglected documents. Furthermore, this research will examine the degree to which imperialism has been applied to the Iranian society. The study shows that the AIOC was not prepared to give up any of its control over the Iranian oil resources nor to improve the concession for the Iranians. With that rationale, the AIOC failed to fulfil its Corporate Social Responsibility (CSR) obligations towards the Iranian employees and the company's treatment of Iran was unfair in terms of profit sharing. The study also highlights that the AIOC management did a good job in maintaining the investors' confidence and in defending the company from the Iranian claims at a time of the nationalisation crisis.

Oil Nationalisation and Managerial Disclosure

Oil Nationalisation and Managerial Disclosure PDF Author: Neveen Talaat Hassan Abdelrehim
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


The Rise of Investor-state Arbitration

The Rise of Investor-state Arbitration PDF Author: Taylor St. John
Publisher: Oxford University Press
ISBN: 0198789912
Category : Law
Languages : en
Pages : 300

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Book Description
This book offers the first social-scientific account of investor-state arbitration, and examines the intellectual, political, and economic forces behind its rise.

Lords of the Desert

Lords of the Desert PDF Author: James Barr
Publisher: Basic Books
ISBN: 1541617401
Category : History
Languages : en
Pages : 464

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Book Description
A path-breaking history of how the United States superseded Great Britain as the preeminent power in the Middle East, with urgent lessons for the present day We usually assume that Arab nationalism brought about the end of the British Empire in the Middle East--that Gamal Abdel Nasser and other Arab leaders led popular uprisings against colonial rule that forced the overstretched British from the region. In Lords of the Desert, historian James Barr draws on newly declassified archives to argue instead that the US was the driving force behind the British exit. Though the two nations were allies, they found themselves at odds over just about every question, from who owned Saudi Arabia's oil to who should control the Suez Canal. Encouraging and exploiting widespread opposition to the British, the US intrigued its way to power--ultimately becoming as resented as the British had been. As Barr shows, it is impossible to understand the region today without first grappling with this little-known prehistory.

Communication and Language Analysis in the Corporate World

Communication and Language Analysis in the Corporate World PDF Author: Hart, Roderick P.
Publisher: IGI Global
ISBN: 1466650001
Category : Business & Economics
Languages : en
Pages : 435

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Book Description
While personal variables like age, education, and gender are often thought to contribute to a person’s distinctive speech pattern, corporate environments often develop its own way of communication which include larger scale variables like the economy and organizational traditions. Communication and Language Analysis in the Corporate World provides insight into the verbiage of the corporate world and the influence of this environment for a person’s speech pattern, language, and terminology. This book will provide a guide for language researchers and business leaders alike so that they may find a way to communicate with everyone – customers, colleagues, and CEOs – effectively.

Gas, oil and the Irish state

Gas, oil and the Irish state PDF Author: Amanda Slevin
Publisher: Manchester University Press
ISBN: 1526100975
Category : Social Science
Languages : en
Pages : 213

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Book Description
Gas and oil are pivotal to the functioning of modern societies, yet the ownership, control, production and consumption of hydrocarbons often provokes intense disputes with serious ramifications. Gas, oil and the Irish state examines the dynamics and conflicts of state hydrocarbon management and provides the first comprehensive study of the Irish model. Interpreting the Corrib gas conflict as a microcosm of the Irish state's approach to hydrocarbon management, the book articulates environmental, health and safety concerns underpinning community resistance to the project. It emphasises how the dispute exposed broader issues, such as the privatisation of Irish hydrocarbons in exchange for one of the lowest rates of government take in the world, and served to problematise how the state functions, its close relationship with capital and its deployment of coercive force to repress dissent. Analysis of these issues occurs within an original account of decision-making and policy formation around Irish hydrocarbons from 1957 to 2014. The book traces the development of the state's approach in tandem with occurrences in Irish political economy and examines the impact of global trends on different approaches to hydrocarbon management. A comparative case study of Norway reveals ideological, political, social and economic forces which influence how states manage their hydrocarbons - factors which the book uses as the basis for a rigorous critique of the Irish model.

Oil Windfalls

Oil Windfalls PDF Author: Alan H. Gelb
Publisher: Oxford University Press
ISBN: 9780195207743
Category : Business & Economics
Languages : en
Pages : 376

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Book Description
This book assesses the full impact of oil windfalls on six developing producer countries - Algeria, Ecuador, Indonesia, Nigeria, Trinidad and Tobago, and Venezuela. This is the first time that the issue has been systematically analysed and related to economics policies and underlying macroeconomic characteristics. The book adopts a broad approach, blending institutional and political aspects with quantitative analysis which includes the results of sophisticated model simulations. It presents new information on how oil discoveries have been used by producer governments, and analyses of the consequences. Finally it concludes that much of the potential benefit to producers has been dissipated, and explains why producers may actually end up worse off despite revenue gains.

Oil Titans

Oil Titans PDF Author: Valerie Marcel
Publisher: Brookings Institution Press
ISBN: 9780815754725
Category : Political Science
Languages : en
Pages : 348

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Book Description
A Brookings Institution Press and Chatham House publication Ninety percent of the world's oil reserves are entrusted to state-owned companies. Originally created as political instruments, these so-called national oil companies (NOCs) face new demands amid today's dwindling oil reserves and simmering social pressures. Increasingly, state-owned oil firms—particularly in the Middle East—are having to balance the political demands of their governments with the need to be commercially competitive. In this ground-breaking new volume, Valerie Marcel draws on unprecedented access to the politicians, engineers; and businessmen directing five Middle Eastern state oil companies to shed light on one of the most secretive segments of the international oil industry. The author tells the stories of Saudi Aramco, Kuwait Petroleum Corp., the National Iranian Oil Co., Sonatrach of Algeria, and the Abu Dhabi National Oil Co.—oil titans which together produce one quarter of the world's oil and hold half of the world's known oil and gas reserves. Dr. Marcel explains the complex bond between each state and its oil company, tracing the relationship's evolution from the politically charged days of foreign concessions to today's world of profit-driven decisionmaking. Drawn from over 120 interviews with company executives, middle managers, and oil-ministry officials, the author identifies a number of surprising new trends in these companies' strategy, and she paints a picture of their nascent sense of corporate identity. The book provides rare, up-to-date insight into how state-owned companies are striking a balance between their national mission and their commercial needs. The book also provides an insider's guide to these companies' unique culture. Executives and researchers in the region—both inside and outside the oil industry—will find it a valuable tool for understanding business in the Middle East.

An Anatomy of the Crude Oil Pricing System

An Anatomy of the Crude Oil Pricing System PDF Author: Bassam Fattouh
Publisher:
ISBN: 9781907555206
Category : Petroleum products
Languages : en
Pages : 83

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Book Description


Machineries of Oil

Machineries of Oil PDF Author: Katayoun Shafiee
Publisher: MIT Press
ISBN: 0262548852
Category : Technology & Engineering
Languages : en
Pages : 359

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Book Description
The emergence of the international oil corporation as a political actor in the twentieth century, seen in BP's infrastructure and information arrangements in Iran. In the early twentieth century, international oil corporations emerged as a new kind of political actor. The development of the world oil industry, argues Katayoun Shafiee, was one of the era's largest political projects of techno-economic development. In this book, Shafiee maps the machinery of oil operations in the Anglo-Iranian oil industry between 1901 and 1954, tracking the organizational work involved in moving oil through a variety of technical, legal, scientific, and administrative networks. She shows that, in a series of disagreements, the British-controlled Anglo-Iranian Oil Company (AIOC, which later became BP) relied on various forms of information management to transform political disputes into techno-economic calculation, guaranteeing the company complete control over profits, labor, and production regimes. She argues that the building of alliances and connections that constituted Anglo-Iranian oil's infrastructure reconfigured local politics of oil regions and examines how these arrangements in turn shaped the emergence of both nation-state and transnational oil corporation. Drawing on her extensive archival and field research in Iran, Shafiee investigates the surprising ways in which nature, technology, and politics came together in battles over mineral rights; standardizing petroleum expertise; formulas for calculating profits, production rates, and labor; the “Persianization” of employees; nationalism and oil nationalization; and the long-distance machinery of an international corporation. Her account shows that the politics of oil cannot be understood in isolation from its technical dimensions. The open access edition of this book was made possible by generous funding from Knowledge Unlatched.