A $54 Billion Reputation

Nir Kossovsky

Chapter Chapter 2 in Reputation, Stock Price, and You, 2012, pp 11-28 from Springer

Abstract: Abstract For more than a century, Bp (NYSE: BP) has been one of the world’s giant oil producers. the company was founded in 1901 when a lawyer-turned-mining-and-mineral-tycoon named William Knox D’Arcy negotiated with the Persian Shah for a 60-year concession to explore for oil on property covering 480,000 square miles. nearly a century later, in a $50 billion deal, British petroleum acquired Amoco Corporation, the fifth largest oil company in the united States and largest producer of natural gas in north America, forming Bp Amoco plc. the “Amoco” name soon disappeared and the company has been known since as “BP plc.”

Keywords: Fiduciary Duty; Deepwater Horizon; Sovereign Wealth Fund; Corporate Environmental Strategy; Fuel Sale (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4302-4891-0_2

Ordering information: This item can be ordered from
http://www.springer.com/9781430248910

DOI: 10.1007/978-1-4302-4891-0_2

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().