《An Empirical Study of Reserve Takeover Discount in Global Oil and Gas Merger》是海洋出版社2015年出版的圖書，作者：王強宇。
基本介紹
- 作者：王強宇
- 原版名稱：An Empirical Study of Reserve Takeover Discount in Global Oil and Gas Merger
- ISBN：978-7-5027-9038-7
- 頁數：135
- 出版社：海洋出版社
- 出版時間：2015-03-09
- 裝幀：平裝
- 版次：B1
目錄,內容簡介,
目錄
1 Introduction
2 General Literature
3 General Data
3.1 Global Oil and Gas M&A Database
3.2 Oil and Gas Markets
3.3 The International Country Risk Guide
3.4 Data Structure of 1，664 Oil and Gas Deals
3.5 Preliminary Results
4 Methodology
4.1 Group Comparison
4.2 Theoretical Model of Reserve Takeover Discount
5 Oil and Gas Markets
5.1 Further Insights on Oil and Gas Markets
5.2 Backwardation Effect on Reserve Takeover Discount
5.3 Correlation Effect on Reserve Takeover Discount
6 Oil Dominated Deals vs. Gas Dominated Deals
6.1 The Idiosyncratic Behavior of Reserve Takeover Discount in Oil Dom- inated Deals vs. Gas Dominated Deals
6.2 Effect of Gas Reserve Percentage on Oil and Gas Deal Pricing
7 High-Risk Deals vs. Low-Risk Deals
7.1 Comparative Results in High-Risk Deals vs. Low-Risk Deals
7.2 Using A Specific Risk-to-Reserve Metric to Measure Deal Risk
8 Cash Dominated Deals vs. Noncash Dominated Deals
8.1 Comparative Results in Cash Dominated Deals vs. Noncash Domi-nated Deals
8.2 The 'Control' Issue and Choice of Payment Method in Oil and Gas Reserve Acquisitions
9 Equity Purchase Deals vs. Asset Purchase Deals
9.1 Comparative Results in Equity Purchase Deals vs. Asset Purchase Deals
9.2 The Choice of Transaction Structure in Oil and Gas Reserve Acqui- sitions
9.3 Segmentation of Oil and Gas Deals in Cash-Noncash / Equity-Asset Groups
10 Overall Regression Results and Conclusion
10.1 Regression Results
10.2 Conclusion
List of Tables
List of Figures
Bibliography
2 General Literature
3 General Data
3.1 Global Oil and Gas M&A Database
3.2 Oil and Gas Markets
3.3 The International Country Risk Guide
3.4 Data Structure of 1，664 Oil and Gas Deals
3.5 Preliminary Results
4 Methodology
4.1 Group Comparison
4.2 Theoretical Model of Reserve Takeover Discount
5 Oil and Gas Markets
5.1 Further Insights on Oil and Gas Markets
5.2 Backwardation Effect on Reserve Takeover Discount
5.3 Correlation Effect on Reserve Takeover Discount
6 Oil Dominated Deals vs. Gas Dominated Deals
6.1 The Idiosyncratic Behavior of Reserve Takeover Discount in Oil Dom- inated Deals vs. Gas Dominated Deals
6.2 Effect of Gas Reserve Percentage on Oil and Gas Deal Pricing
7 High-Risk Deals vs. Low-Risk Deals
7.1 Comparative Results in High-Risk Deals vs. Low-Risk Deals
7.2 Using A Specific Risk-to-Reserve Metric to Measure Deal Risk
8 Cash Dominated Deals vs. Noncash Dominated Deals
8.1 Comparative Results in Cash Dominated Deals vs. Noncash Domi-nated Deals
8.2 The 'Control' Issue and Choice of Payment Method in Oil and Gas Reserve Acquisitions
9 Equity Purchase Deals vs. Asset Purchase Deals
9.1 Comparative Results in Equity Purchase Deals vs. Asset Purchase Deals
9.2 The Choice of Transaction Structure in Oil and Gas Reserve Acqui- sitions
9.3 Segmentation of Oil and Gas Deals in Cash-Noncash / Equity-Asset Groups
10 Overall Regression Results and Conclusion
10.1 Regression Results
10.2 Conclusion
List of Tables
List of Figures
Bibliography
內容簡介
《全球油氣儲量併購折扣實證研究（英文版）》研討了影響全球石油和天然氣資產併購價格的三類主要因素：國際油氣市場價格、油氣資產所在國家（地區）的政治經濟風險、每件併購的具體交易條款和資產屬性。作者王強宇以1999年4月至2012年10月間全球公布的1664件油氣併購交易為樣本，首先對數據進行多重分層和分組，採用非參數檢驗方法對各組交易的併購價格進行了定性對比分析，在此基礎上，繼而採用多元線性回歸模型針對上述各種影響因素對油氣併購價格的解釋力（相關係數）進行了量化分析。
