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Browsing School of Business by Author "Chol Mawal Mangar"

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    An Examination of Transaction Cost Economics in Contracting and Procurement Practices in Oil and Gas Projects in South Sudan. A Case Study of Nile Petroleum Corporation, Juba, South Sudan
    (Uganda Christian University, 2024-10-18) Chol Mawal Mangar
    This study investigated the influence of transaction cost economics on contracting and procurement practices within South Sudan's oil and gas sector, focusing on Nile Petroleum Corporation in Juba. The research aimed to assess the relationship between regulatory frameworks and contracting efficiency, evaluate the impact of market conditions, and examine the moderating effect of external economic factors, such as global oil prices and exchange rates, on these relationships. A mixed-methods approach was employed, combining quantitative data from 331 respondents with qualitative insights from interviews. Data analysis included descriptive statistics, correlation, and regression analyses. Key findings indicated moderate satisfaction with regulatory elements like transparency (mean = 3.15) and adaptability (mean = 3.13), but weak correlations among regulatory variables, with minimal interactions observed. Regression results showed a modest influence of both regulatory frameworks (R-squared = 0.011) and market conditions (R-squared = 0.021) on contracting efficiency. External economic factors, however, had a slightly stronger impact (R-squared = 0.027), highlighting their significance in shaping contracting practices. The study concluded that while regulatory frameworks and market conditions are important, their direct influence on contracting efficiency in South Sudan's oil and gas sector is limited. Key recommendations included strengthening regulatory frameworks to be more adaptable, improving transparency and compliance, and developing strategies that account for external economic factors. Keywords: Transaction Cost Economics, Contracting Efficiency, Procurement Practices, Oil and Gas Sector, South Sudan, Regulatory Frameworks, Market Conditions, External Economic Factors.