Corporate Governance in the Oil and Gas Sector
Corporate Governance in the Oil and Gas Sector
The study explores the key issues related to the governance in the oil and gas industry from the perspective of emerging markets and developing economies. The study provides evidence that the oil and gas industry in different contextual settings have demonstrated good governance and realized that weak or poor governance systems can be avoided with the right structural reforms, knowledge, institutions, regulations and policies. Thus, there is the reason for cautious optimism that more developing countries might have learnt hard lessons from weak governance system in the past. Consequently these countries will pursue strategies and policies that will allow them to fully reap the benefits of good governance practices in the future. The study provides a strong justification for countries with low oil and gas governance index to follow countries with best governance practices and institutional arrangements as their benchmark to achieve a stable governance system.
Ofori-Sasu, Daniel
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Abor, Patience Aseweh
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Ntim, Collins
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Soobaroyen, Teerooven
26c8dc39-5d8c-46de-a475-b3d145c2e0de
15 May 2023
Ofori-Sasu, Daniel
f8da4777-aa37-4f52-8df9-c4608890a8ad
Abor, Patience Aseweh
fde18cfb-5c64-4c4a-8fdb-84309a5fa5df
Ntim, Collins
1f344edc-8005-4e96-8972-d56c4dade46b
Soobaroyen, Teerooven
26c8dc39-5d8c-46de-a475-b3d145c2e0de
Ofori-Sasu, Daniel, Abor, Patience Aseweh, Ntim, Collins and Soobaroyen, Teerooven
(2023)
Corporate Governance in the Oil and Gas Sector.
In,
Yindenaba Abor, Joshua and Karimu, Amin
(eds.)
Sustainability Management in the Oil and Gas Industry: Emerging and Developing Country Perspective.
1st ed.
Routledge.
(doi:10.4324/9871003309864).
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Book Section
Abstract
The study explores the key issues related to the governance in the oil and gas industry from the perspective of emerging markets and developing economies. The study provides evidence that the oil and gas industry in different contextual settings have demonstrated good governance and realized that weak or poor governance systems can be avoided with the right structural reforms, knowledge, institutions, regulations and policies. Thus, there is the reason for cautious optimism that more developing countries might have learnt hard lessons from weak governance system in the past. Consequently these countries will pursue strategies and policies that will allow them to fully reap the benefits of good governance practices in the future. The study provides a strong justification for countries with low oil and gas governance index to follow countries with best governance practices and institutional arrangements as their benchmark to achieve a stable governance system.
Text
Chapter - Corporate Governance_Oil and Gas
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Published date: 15 May 2023
Identifiers
Local EPrints ID: 477647
URI: http://eprints.soton.ac.uk/id/eprint/477647
PURE UUID: 59db40a2-47b1-40e9-b5ae-778b87ed5848
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Date deposited: 12 Jun 2023 16:39
Last modified: 17 Mar 2024 02:27
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Contributors
Author:
Daniel Ofori-Sasu
Author:
Patience Aseweh Abor
Author:
Teerooven Soobaroyen
Editor:
Joshua Yindenaba Abor
Editor:
Amin Karimu
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