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Share market reaction to the BP oil spill and the US government moratorium on exploration/ created by Seyed Amir Hossein Sabet, Marie-Anne Cam, and Richard Heaney

By: Contributor(s): Material type: TextTextSeries: Australian journal of management ; Volume 37, number 1Los Angeles : Sage, 2012Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISSN:
  • 03128962
Subject(s): LOC classification:
  • HD31 AUS
Online resources: Abstract: The shares of BP plc and its subcontractors were rocked when the financial markets discovered the true impact of the Deepwater Horizon explosion as reported in the Wall Street Journal on 22 April 2010. While we track the impact of the disaster on share prices of the key participants, perhaps the most damaging response to the disaster was the introduction of the Gulf oil exploration moratorium on deep water drilling. We find that this adversely affected a range of firms in the oil and gas industry, extending the economic impact of the disaster well beyond BP plc and its subcontractors.
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Holdings
Item type Current library Call number Vol info Status Notes Date due Barcode
Journal Article Journal Article Main Library Journal Article HD31 AUS (Browse shelf(Opens below)) Vol. 37, no.1 (pages 61-76) Not for loan For in house use only

The shares of BP plc and its subcontractors were rocked when the financial markets discovered the true impact of the Deepwater Horizon explosion as reported in the Wall Street Journal on 22 April 2010. While we track the impact of the disaster on share prices of the key participants, perhaps the most damaging response to the disaster was the introduction of the Gulf oil exploration moratorium on deep water drilling. We find that this adversely affected a range of firms in the oil and gas industry, extending the economic impact of the disaster well beyond BP plc and its subcontractors.

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