EN
An Inter-temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria
Abstract
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
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
June 1, 2013
Submission Date
June 1, 2013
Acceptance Date
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Published in Issue
Year 2013 Volume: 3 Number: 2
APA
Oke, D. M., & Kareem, S. D. (2013). An Inter-temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria. International Journal of Energy Economics and Policy, 3(2), 178-184. https://izlik.org/JA96FD23GA
AMA
1.Oke DM, Kareem SD. An Inter-temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria. IJEEP. 2013;3(2):178-184. https://izlik.org/JA96FD23GA
Chicago
Oke, David Mautin, and Salami Dada Kareem. 2013. “An Inter-Temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria”. International Journal of Energy Economics and Policy 3 (2): 178-84. https://izlik.org/JA96FD23GA.
EndNote
Oke DM, Kareem SD (June 1, 2013) An Inter-temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria. International Journal of Energy Economics and Policy 3 2 178–184.
IEEE
[1]D. M. Oke and S. D. Kareem, “An Inter-temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria”, IJEEP, vol. 3, no. 2, pp. 178–184, June 2013, [Online]. Available: https://izlik.org/JA96FD23GA
ISNAD
Oke, David Mautin - Kareem, Salami Dada. “An Inter-Temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria”. International Journal of Energy Economics and Policy 3/2 (June 1, 2013): 178-184. https://izlik.org/JA96FD23GA.
JAMA
1.Oke DM, Kareem SD. An Inter-temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria. IJEEP. 2013;3:178–184.
MLA
Oke, David Mautin, and Salami Dada Kareem. “An Inter-Temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria”. International Journal of Energy Economics and Policy, vol. 3, no. 2, June 2013, pp. 178-84, https://izlik.org/JA96FD23GA.
Vancouver
1.David Mautin Oke, Salami Dada Kareem. An Inter-temporal Analysis of Operational Efficiency of Oil Firms: Further Evidence from Nigeria. IJEEP [Internet]. 2013 Jun. 1;3(2):178-84. Available from: https://izlik.org/JA96FD23GA