Dynamics of Interorganizational Relationships: A Case Study of Upstream Partnerships of Petrobras
INSEAD Working Paper 2011/85/ST
SSRN's Top Ten download list for ERN: Internal & External Contracting & Transaction Costs (Topic), ERN: Other Organizations & Markets: The Firm as a Nexus of Contracts (Boundaries of the Firm) (Topic) and ERN: The Partnership Form (Topic) Take a look at the statistics here
Interorganizational relationships (IOR) arise under many different structures and can take the form of alliances, networks, partnerships and joint ventures, amongst others. This study looks at such relationships using a static approach that reverts to the starting point of interorganizational relationships, without, however, allowing for the dynamics of these relationships in the results presented. The main approaches to dynamic analysis are reviewed and a case study on the upstream partnerships of Petrobras is developed. The results underline the importance of the contractual structure applied to Petrobras's partnership models.
MARTINS ALMEIDA Luiz Marcelo, CAMPOS FILHO Luiz Alberto Nascimento, CASANOVA Lourdes
The Brazilian Institutional Environment: The Impact on Companies' Strategies in the Oil and Gas Sector
INSEAD Working paper 2011/86/ST
SSRN's Top Ten download list for ERN: Institutional Change & the Environment (Topic) and Institutions & Transition Economics: Environmental Issues eJournal Take a look at the statistics here
Institutional theory explains how interactions between organizations and institutions shape economic activity and consequently managerial performance and strategies. The institutional setting of most emerging countries is in transition, whereby a relationship-based transaction mode is gradually yielding to rule-based transactions. This study investigates how the institutional environment in Brazil influences the strategy of oil and gas companies, based upon a case study approach to exploration and production in the oil and gas sector. The results obtained from secondary data and interviews with executives of the main Brazilian oil and gas companies and members of public organizations demonstrate that institutions have a limited influence on the decisions of these companies, since the regulatory dimension plays the biggest role in decision making.