Covid-19: Corporate diversification and post-crash returns

Tokbolat, Yerzhan; Le, Hang

doi:10.1016/j.frl.2021.102501

Finance Research Letters

2022

DOI: 10.1016/j.frl.2021.102501

|View full text |Cite

Covid-19: Corporate diversification and post-crash returns

Yerzhan Tokbolat

Hang Le

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2023

Publication Types

Select...

Article1

Relationship

Self Cite0

Independent1

Authors

Journals

Cited by 1 publication

(1 citation statement)

References 26 publications

(36 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The works devoted to the analysis of diversification efficiency during economic shocks deserve special attention. Their results are especially relevant under present-day conditions, when the global economy is facing unprecedented shocks [39]. Kuppuswamy and Villalonga reasoned that, during periods of unstable external market condition, investors show higher interest in diversified portfolios, which appear less risky and can fulfill the insurance function [40].…”

mentioning

confidence: 99%

Strategic Priorities for Green Diversification of Oil and Gas Companies

Cherepovitsyn

Rutenko

2023

Energies

View full text Add to dashboard Cite

The inconsistency of arguments regarding the value of diversification strategies means that there is a lack of a unified methodological approach and a method for evaluating the impact on efficiency and competitive ability of companies. Research shows that diversification was crucially important for oil and gas companies during the economic shocks of 1998, 2009, and 2015. Nowadays, oil and gas companies apply the strategy of green diversification to solve climate change problems and adapt to energy transition trends. The goals of 14 global oil and gas companies with regard to carbon neutrality were analyzed in this study. This research expands the theoretical studies of diversification processes and outcomes in the oil and gas industry and contributes to the discussion of the feasibility of companies implementing renewable energy projects. The factors that prompt oil and gas companies to adopt green diversification were formulated, and their key strategic priorities were determined depending on the volume of proven resources. The research suggests that global shocks in the international energy market and a reduction in the significance of oil and gas resources in the overall power balance stimulate companies to diversify their asset portfolios, but such strategy does not protect against negative impacts. In addition, important issues were identified for further analysis.

show abstract

mentioning

confidence: 99%

Strategic Priorities for Green Diversification of Oil and Gas Companies

Cherepovitsyn

Rutenko

2023

Energies

View full text Add to dashboard Cite

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

customersupport@researchsolutions.com

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

Covid-19: Corporate diversification and post-crash returns

Cited by 1 publication

References 26 publications

Strategic Priorities for Green Diversification of Oil and Gas Companies

Strategic Priorities for Green Diversification of Oil and Gas Companies

Contact Info

Product

Resources

About