CORPORATE RISK TOLERANCE AND CAPITAL ALLOCATION - A PRACTICAL APPROACH TO IMPLEMENTING AN EXPLORATION RISK POLICY

Authors
Citation
Mr. Walls, CORPORATE RISK TOLERANCE AND CAPITAL ALLOCATION - A PRACTICAL APPROACH TO IMPLEMENTING AN EXPLORATION RISK POLICY, Journal of petroleum technology, 47(4), 1995, pp. 307-311
Citations number
24
Categorie Soggetti
Energy & Fuels","Engineering, Chemical",Geology,"Engineering, Petroleum
ISSN journal
01492136
Volume
47
Issue
4
Year of publication
1995
Pages
307 - 311
Database
ISI
SICI code
0149-2136(1995)47:4<307:CRTACA>2.0.ZU;2-Q
Abstract
This paper describes a model that provides the petroleum exploration c ompany with a systematic approach to measure corporate risk tolerance (RT) and to implement a coherent risk policy, thereby improving the qu ality of risky decision making.