Work

Corporate Financing and Efficiency of Indigenous Energy Firms in Nigeria: a Literature Review

Year: 2013

Type: article

Abstract: This paper reviews the theoretical as well as the empirics of corporate financing as it relates to the efficiency of indigenous energy firms in Nigeria.It begins with an appraisal of the sources of corporate finance and their impacts on firms operations.The study delves into the evolution of oil in Nigeria when foreigners were the sole players due to expertise and technological relevancy.The indigenisation policy of the 1970s expanded Nigerian government's involvement in the oil sector; in 1990, following a policy statement of the then military government, oil concessions were granted to Nigerian oil companies whose ownership was truly Nigerian and whose managing directors were Nigerian citizens.Further, key analytical issues towards efficiency of the local energy firms were considered.

Source: International Journal of Energy Economics and Policy

Author: Anthonia Taye Odeleye

Language: English

Topic: Corporate Finance and Governance

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Peace, justice, and strong institutions, Affordable and clean energy, Decent work and economic growth

Open Access status: gold

Estimated APC paid: $590

Funders: Harvard University, University of Minnesota, Australian Government, University of Oxford, Hong Kong University of Science and Technology

OpenAlex ID: W1566074522

FWCI: 1.101

Cites: 63

Cited by: 4

Related to: 10