IDEAS home Printed from https://ideas.repec.org/a/eee/scaman/v12y1996i2p165-188.html
   My bibliography  Save this article

Strategy, structure and market turbulence: The international oil majors, 1970-1991

Author

Listed:
  • Grant, Robert M.
  • Cibin, Renato

Abstract

The oil shocks of 1974 and 1979/80 transformed the business environment of the oil industry from one of stability to one of turbulence. As a result, the international oil majors were forced to reformulate their strategies and redesign their organizational structures and management systems. This study provides an indepth examination of strategic and structural change among eight of the world's ten largest oil companies during the period 1970-1991. The paper focuses upon the quest of the companies to reconfigure their organizations in order to reconcile flexibility and responsiveness with the integration required to exploit the resource advantages of giant corporations.

Suggested Citation

  • Grant, Robert M. & Cibin, Renato, 1996. "Strategy, structure and market turbulence: The international oil majors, 1970-1991," Scandinavian Journal of Management, Elsevier, vol. 12(2), pages 165-188, June.
    • Handle: RePEc:eee:scaman:v:12:y:1996:i:2:p:165-188
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/0956522195000313
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Verbeke, Alain & Brugman, Paul, 2009. "Triple-testing the quality of multinationality-performance research: An internalization theory perspective," International Business Review, Elsevier, vol. 18(3), pages 265-275, June.
    2. Hawkes, Adam & Muûls, Mirabelle & Hamilton, James W., 2023. "Big oil and the energy transition: Evidence from M&A," Energy Policy, Elsevier, vol. 183(C).
    3. Margaux Escoffier, 2020. "How financial markets react to Total’s strategy of becoming a responsible energy major?," EconomiX Working Papers 2020-30, University of Paris Nanterre, EconomiX.
    4. Pinkse, Jonatan & van den Buuse, Daniel, 2012. "The development and commercialization of solar PV technology in the oil industry," Energy Policy, Elsevier, vol. 40(C), pages 11-20.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:scaman:v:12:y:1996:i:2:p:165-188. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/872/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.