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The influence of alliances on corporate growth in the post-soviet period: LUKoil and YUKOS

Henderson, J.; Radošević, S.; (2003) The influence of alliances on corporate growth in the post-soviet period: LUKoil and YUKOS. (Economics Working Papers 34). Centre for the Study of Economic and Social Change in Europe, SSEES, UCL: London, UK. Green open access

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Abstract

What is the role of alliances in the growth of Russian enterprises? Who is in control in alliances, i.e. are they shared alliances or is one party dominant? How do the various resources (technology, finance and market access) shape the dynamics of alliances? This paper tries to answer on these three questions by analyzing the role of alliances in growth of LUKoil and Yukos, Russian major oil companies. Based on these two cases we argue that technical modernization and growth are closely dependent on the capability of corporations to use alliances as a mechanism of growth and improved performance. In addition, there is a trade off between an immediate focus on operational efficiency and a focus on growth, which is key to the successful management of the growth of companies in the long-term.

Type: Working / discussion paper
Title: The influence of alliances on corporate growth in the post-soviet period: LUKoil and YUKOS
Open access status: An open access version is available from UCL Discovery
Publisher version: http://www.ssees.ucl.ac.uk/wp34sum.htm
Language: English
Keywords: Oil and gas, corporate restructuring, alliances, Yukos, LUKoil
UCL classification: UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES
URI: https://discovery.ucl.ac.uk/id/eprint/17542
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