Share-Ownership Distribution and Extraction Rate of Petrolium in Oil Fields
(2017)
Journal Article
Marsiliani, L., & Liu, X. (2017). Share-Ownership Distribution and Extraction Rate of Petrolium in Oil Fields. Review of business and economics studies, 5(1), 42-53
We investigate the role of ownership distribution in determining the extraction rates of oil fields. We formulate an empirical equation where the percentage stake of the largest licensee and the percentage share held by the largest shareholder in the... Read More about Share-Ownership Distribution and Extraction Rate of Petrolium in Oil Fields.