Study on the Valuation driving factors of International Oil Companies

DOI

10.2991/msie-19.2020.52How to use a DOI?

Keywords

International oil company; Company Value; Return on total asset; Oil price

Abstract

With the oil price varying drastically in recent years, the market value of the international oil companies changes to some extent. In order to probe the value of the companies and relevant factors, 8 famous companies listed on the Stock Exchange are taken as research objects here in. For the purpose of determining critical factors and their effect degree, the relationship between financial and operating indicators and the Management effectiveness of the company are studied with the regression analysis method. The results of the empirical work show that ROA can explain the value of the oil company effectively. In addition, oil price, company size and reputation and upstream and downstream structure are important elements by which we can know more about the value of oil companies.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jian Sun
PY  - 2020/01
DA  - 2020/01
TI  - Study on the Valuation driving factors of International Oil Companies
BT  - Proceedings of the 2019 International Conference on Management Science and Industrial Economy (MSIE 2019)
PB  - Atlantis Press
SP  - 251
EP  - 255
SN  - 2352-5428
UR  - https://doi.org/10.2991/msie-19.2020.52
DO  - 10.2991/msie-19.2020.52
ID  - Sun2020/01
ER  -