Specifications

Source title: International Conference on Management Science and Engineering - Annual
Conference Proceedings
Abbreviated source title: Int. Conf. Manage. Sci. Eng. - Annu. Conf. Proc.
Monograph title: 2012 International Conference on Management Science and Engineering,
ICMSE 2012 - 19th Annual Conference Proceedings
Issue date: 2012
Publication year: 2012
Pages: 1705-1712
Article number: 6414402
Language: English
ISSN: 21551847
ISBN-13: 9781467330145
Document type: Conference article (CA)
Conference name: 2012 19th Annual International Conference on Management Science and
Engineering, ICMSE 2012
Conference date: September 20, 2012 - September 22, 2012
Conference location: Dallas, TX, United states
Conference code: 95652
Sponsor: National Natural Science Foundation of China; Harbin Institute of Technology
Publisher: IEEE Computer Society, 2001 L Street N.W., Suite 700, Washington, DC 20036-4928,
United States
Abstract: In the context of petroleum industry regulation policy and constantly change of
enterprise external environment, transmission mechanism of industry regulation's effect on
petroleum enterprise is taken as an entry point. Based on the financial indicators which are
commonly used in enterprise performance evaluation, evaluation index system of petroleum
enterprise is constructed combined with nonfinancial indicators which transmission mechanism
reflects, and the key index factors are filtered by using the principal component analysis method.
The enterprise performance under industry regulation is evaluated by using the related data of
CPL enterprise in the period from 2002 to 2007. Research shows that financial performance
presents volatility in the short term, yet in the long term, enterprise core ability will be promoted.
The result indicates that industry regulation affects the level of enterprise performance by the
direct transmitting of enterprise behavior and indirectly transmitting of market structure. © 2012
IEEE.
Number of references: 23
Main heading: Industry
Controlled terms: Management science - Petroleum industry - Principal component
analysis
Uncontrolled terms: Enterprise performance - evaluation - Industry regulations -
Petroleum enterprise - transfer analysis
Classification code: 913 Production Planning and Control; Manufacturing - 912.2
Management - 912 Industrial Engineering and Management - 922.2 Mathematical
Statistics - 911 Cost and Value Engineering; Industrial Economics - 512 Petroleum and
Related Deposits - 511 Oil Field Equipment and Production Operations - 513 Petroleum
Refining