Show simple item record

dc.contributor.authorDanielsen, Thomas Melvin
dc.date.accessioned2017-09-21T13:25:55Z
dc.date.available2017-09-21T13:25:55Z
dc.date.issued2017-06
dc.identifier.urihttp://hdl.handle.net/11250/2456093
dc.descriptionMaster's thesis in Industrial economicsnb_NO
dc.description.abstractWith increasing focus on global warming and sustainable development in the energy sector, a number of oil and gas companies have an expressed interest in increasing investments and exposure towards renewable energy [12, 13, 43, 44]. The purpose of this study is to see if, and how, exposure towards renewable energy will affect the valuation of oil and gas companies. The main challenges have been to find a suitable metric for exposure to renewable energy, and also the oil and gas companies poor reporting practices related to exposure and investments towards renewable energy. To add to the complexity of the process, a number of other factors influence the valuation of oil and gas companies. Nevertheless, by using Tobin’s q, the ratio between a company’s market value and its replacement cost, as a proxy for company value, we have tested the effect of renewable energy exposure on the company value of a number of oil and gas companies. The analysis has been performed by use of regression analysis and we have tried to isolate the effect of renewable exposure by adding control variables known to affect the valuation of oil and gas companies.nb_NO
dc.language.isoengnb_NO
dc.publisherUniversity of Stavanger, Norwaynb_NO
dc.relation.ispartofseriesMasteroppgave/UIS-TN-IØRP/2017;
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.subjectoil and gasnb_NO
dc.subjectrenewable energynb_NO
dc.subjectvaluationnb_NO
dc.subjecttobin's qnb_NO
dc.subjectindustriell økonominb_NO
dc.subjectindustrial economynb_NO
dc.subjectolje og gassnb_NO
dc.subjectfornybar energinb_NO
dc.titleEffect of Exposure to Renewable Energy on Valuation of Oil and Gas Companiesnb_NO
dc.typeMaster thesisnb_NO
dc.subject.nsiVDP::Samfunnsvitenskap: 200::Økonomi: 210::Bedriftsøkonomi: 213nb_NO


Files in this item

Thumbnail

This item appears in the following Collection(s)

  • Studentoppgaver (TN-ISØP) [1064]
    Master- og bacheloroppgaver i Byutvikling og urban design / Offshore technology : risk management / Risikostyring / Teknologi/Sivilingeniør : industriell økonomi / Teknologi/Sivilingeniør : risikostyring / Teknologi/Sivilingeniør : samfunnssikkerhet

Show simple item record

Navngivelse 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Navngivelse 4.0 Internasjonal