The choice of strategic core : impact of financial volum

dc.contributor.author	Emhjellen, Magne
dc.contributor.author	Hausken, Kjell
dc.contributor.author	Osmundsen, Petter
dc.date.accessioned	2006-07-20T10:57:16Z
dc.date.available	2006-07-20T10:57:16Z
dc.date.issued	2001-10
dc.identifier.issn	0803-4028
dc.identifier.uri	http://hdl.handle.net/11250/165848
dc.description.abstract	Recent trends among major oil companies and independents have been consolidation through mergers and acquisitions and focus on key strategic core areas. The expressed goals have been to achieve synergy, reduce costs, and concentrate on areas with maximum expected value creation. This paper provides a model that endogenously determines the optimal numbers of projects to implement in an optimal number of areas. The decision of whether to invest in a project cannot be seen in isolation but must be linked with portfolio optimization and the strategic core of the firm.	en
dc.format.extent	134124 bytes
dc.format.mimetype	application/pdf
dc.language.iso	eng	en
dc.publisher	SNF	en
dc.relation.ispartofseries	Working Paper	en
dc.relation.ispartofseries	2001:56	en
dc.subject	financial volume	en
dc.subject	materiality	en
dc.subject	oil industry	en
dc.subject	portfolio models	en
dc.subject	neutral taxes	en
dc.title	The choice of strategic core : impact of financial volum	en
dc.type	Working paper	en