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Local Content Oil and Gas Law in Africa
Examining local content law and policy in the oil and gas industry, this book uses Nigeria as a primary case study, comparing its approach to countries such as Brazil and Norway which have also adopted local content laws in relation to their gas and oil industries. In considering various aspects of local content law and policy as they apply to the oil and gas industry, the book examines the factors behind the formulation of local content policies by petroleum producing states, and the various strategies they have employed to implement them. It analyses arguments against local content requirements from the perspective of international trade and investment law, and from liberal market economic theorists, who argue against its overall usefulness. The book highlights salient aspects of the oil and gas industry such as regulation, national oil companies, treatment of minorities, and policy formulation and implementation.
Trade Shocks in Developing Countries
This is the first volume of a comparative study of trade shocks covering 23 countries. Trade shocks are shown to lead to high savings rates, though policy errors often mean windfalls actually lead to a reduction in output.
Contemporary Issues in Business
The main premise underlying this book entitled Contemporary Issues in Business provides a comprehensive account of different aspects encountered for business practices in Tanzania and elsewhere around the world. In the dawn of the twenty first century, there are several challenges which confront businesses. These challenges include the management of human resources, operations and production, finances and marketing issues surrounding the success of of business entity and the organization as whole. At the same time, businesses are facing multiple challenges about ethical and legal issues confronting business activities. Moreover, the drastic changes in technological especially artificial inte...
Team Work Quality
Team Work Quality uses statistical analysis in order to infer how team work quality contributes towards the enhancement of creativity with respect to software organizations.
Heat Conduction
Many phenomena in social, natural and engineering fields are governed by wave, potential, parabolic heat-conduction, hyperbolic heat-conduction and dual-phase-lagging heat-conduction equations. This monograph examines these equations: their solution structures, methods of finding their solutions under various supplementary conditions, as well as the physical implication and applications of their solutions.
Planetary Rent
The research monograph Planetary Rent as an Instrument for Solving Global Problems is by Professor Aleksandr V. Bezgodov, Doctor of Economics, Corresponding Member of the Russian Academy of Natural Sciences and General Director of the Planetary Development Institute in Dubai, UAE. It is a logical follow-up to the humanitarian manifesto Planetary Project: From Sustainable Development to Managed Harmony. The second Planetary Project book focuses on the economic mechanisms of implementing managed harmony. The monograph spells out an innovative theory of planetary rent as an instrument for building a planetary budget, which would provide funding for addressing global challenges. It would lay fou...
African Women Writers and the Politics of Gender
This work examines the work of a group of African women writers who have emerged over the last forty years. While figures such as Chinua Achebe, Ben Okri and Wole Soyinka are likely to be the chief focus of discussions of African writing, female authors have been at the forefront of fictional interrogations of identity formation and history. In the work of authors such as Mariama Bâ (Senegal), Buchi Emecheta (Nigeria), Chimamanda Ngozi Adichie (Nigeria), Tsitsi Dangarembga (Zimbabwe), and Leila Aboulela (Sudan), there is a clear attempt to subvert the tradition of male writing where the female characters are often relegated to the margins of the culture, and confined to the domestic, privat...
Indian Cotton Textiles in West Africa
This book focuses on the significant role of West African consumers in the development of the global economy. It explores their demand for Indian cotton textiles and how their consumption shaped patterns of global trade, influencing economies and businesses from Western Europe to South Asia. In turn, the book examines how cotton textile production in southern India responded to this demand. Through this perspective of a south-south economic history, the study foregrounds African agency and considers the lasting impact on production and exports in South Asia. It also considers how European commercial and imperial expansion provided a complex web of networks, linking West African consumers and Indian weavers. Crucially, it demonstrates the emergence of the modern global economy.
Dividend Policy and Corporate Governance
Dividends are not only a signal about a firm's prospects under asymmetric information, but they can also act as a corporate governance device to align the management's interests with those of the shareholders. Dividend Policy and Corporate Governance is the first comprehensive volume on the relationship between dividend policy and corporate governance, and examines in detail empirical studies and current theories. Reviewing the interactions between dividend policy and other corporate governance mechanisms, it compares results for the UK and the US with those for other countries such as France, Germany, and Japan, and provides new empirical evidence on corporate governance in continental Euro...
Three Essays in Financial Markets. The Bright Side of Financial Derivatives: Options Trading and Firm Innovation
Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options trading activity generate more patents and patent citations per dollar of R&D invested. We then investigate how more active options markets affect firms' innovation strategy. Our results suggest that firms with greater trading activity pursue a more creative, diverse and risky innovation strategy. We discuss potential underlying mechanisms and show that options appear to mitigate managerial career concerns that would induce managers to take actions that boost short-term performance measures. Finally, using several econometric specifications that try to account for the potential endogeneity of options trading, we argue that the positive effect of options trading on firm innovation is causal.
