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Analysis of management quality and management decisions made using the example of russian oil and gas companies

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  • Kostylev A.O. Skopina L.V.

Abstract

Results of empirical surveys performed by Russian and foreign researchers with regard to behavior patterns of managers, authorized by owners to make investment decisions, are systematized. Analysis of management quality and decisions made by Russian oil and gas managers are performed using the following 2 criteria: market capitalization change and opinion of professional society. The purpose of the research is to attract attention to low management quality in Russian statowned oil and gas companies.

Suggested Citation

  • Kostylev A.O. Skopina L.V., 2016. "Analysis of management quality and management decisions made using the example of russian oil and gas companies," World of economics and management / Vestnik NSU. Series: Social and Economics Sciences, Socionet, vol. 16(1), pages 18-24.
    • Handle: RePEc:nos:wjflnh:2016_1_02e
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    manager; agency problem; managerial decision-making; manager overconfidence; quality of managerial decisions; state owned companies;
    All these keywords.

    JEL classification:

    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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