• Industry restructuring, OPEC response – and oil price formation 

      Aune, Finn Roar; Mohn, Klaus; Osmundsen, Petter; Rosendahl, Knut Einar (Discussion Papers;No. 511, Working paper, 2007)
      Abstract: Increased focus on shareholder returns, capital discipline and return on capital employed (RoACE) caused a slowdown in investment rates and production growth among international oil companies around the turn of ...
    • Investment and Financial Constraints. An Empirical Analysis of Norwegian Firms 

      Johansen, Frode (Discussion papers;109, Working paper, 1994-02)
      This paper investigates the relationship between a firm's investment decision and its financial situation. We present a model of investment, where the cost of external finance is increasing in the debt ratio. The model is ...