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International Journal of Management, IT and Engineering
Year : 2019, Volume : 9, Issue : 2
First page : ( 153) Last page : ( 162)
Online ISSN : 2249-0558.

Review of literature of joint ventures in Indian oil sector

Rathore Diveta*, Chundawat Hiteshwar Singh**

*Research Scholar, B.K School of Business Mangement, Gujarat University, Ahmedabad, India

**Dr. Superintendent Engineer, ONGC, Ahmedabad, India

Online published on 24 October, 2019.

Abstract

During my literature review we noticed that a lot has been studied about joint ventures internationally and nationally, almost all services like automobile, banking, technology was seen. But not much studies have been done on the joint ventures existing in the Indian oil sector. we have carried out a literature review based research spanning from pre-liberalization period to post liberalization period in India and all available literature internationally. With this paper, a scenario about the research on joint ventures in Indian oil sector can be presented. We can know about the research that is already done on joint ventures and Indian oil sector. Also, the major researchers are identified and their contribution to the existing pool of knowledge can be known. All past research showing the effect of joint ventures are carried out in other services sector and this paper can shed new light on joint ventures in Indian oil sector. This paper is limited by the availability of literature and the Further research can be carried out identifying the main joint ventures of Indian oil sector and carrying out a detailed analysis of their financial performance, or the effect of their announcement and its effect on shareholder wealth.

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Keywords

Joint Venture, Indian oil sector, Literature Review, Financial performance, Major players.

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