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Thursday, May 25, 2017

CEIBS Duo Wins 2016 EFMD Case Writing Competition

~ Case wins in Emerging Chinese Global Competitors Category

May 24, 2017. Shanghai – A case study co-authored by Professor of Strategy and International Business Klaus E. Meyer and Research Assistant Alexandra Han titled “CNOOC Engages with Canadian Stakeholders” has won the 2016 EFMD Case Writing Competition in the Emerging Global Chinese Competitors Category. This category was sponsored by ChinaCases.org, The Global Platform of China Cases which is managed by the CEIBS Case Center.

The award-winning case explores the challenges CNOOC (China National Offshore Oil Corporation) experienced before, during, and after its acquisition of Canadian oil and gas company Nexen in 2012 in what would become the largest-ever acquisition of a foreign company by a Chinese investor at US$15.1 billion. The deal received intensive media attention from the outset and its merits for Canada were widely discussed in the media. The acquisition was politically controversial, notably because of CNOOC’s status as a state-owned company, but was eventually approved by the regulatory authorities in Canada and other companies. The case provides a basis for discussing how the company ought to engage with the media and other stakeholders.

EFMD has organized this annual case competition for the past 30 years to encourage and support the continued creation of new and innovative case studies, and the categories are designed to cover specific topics and regions of the world. An international, not-for-profit, membership organisation of business schools and corporations, based in Brussels, Belgium, with offices in Asia and the Americas, EFMD is recognised globally as an accreditation body for quality & impact assessment in management with established accreditation services for business schools and business school programmes, corporate universities and online courses.

CEIBS was also a sponsor of the African Business Cases Category in the 2016 EFMD Case Writing Competition, and the winning case in this category is titled “Caverton: Hovering into African Markets through International Strategy” which was co-authored by Adeniyi Olarewaju and Sunday Adebisi of the University of Lagos, Nigeria.

Janine Coughlin