OAO YUKOS Oil Co.
This case presents the history and present position of Russia's second-biggest oil company, YUKOS, as it seeks listing on the NYSE as an ADR and efforts to rid itself from a punishing "government reduction" by the capital markets. This is a firm with a history of major corporate governance maltreatment that's, more lately, trying to change its methods.
Although the market value of the business has grown drastically in the last year (2000), it's still selling at a whopping reduction from the imputed market value of its massive oil and gas reserves. What more should YUKOS be doing to remove its government reduction? Can any software be executed given the present ownership structure of the firm?
This is just an excerpt. This case is about STRATEGY & EXECUTION