Airport Privatisation in Australia: A Tale of Three Cities
Applied Finance and Accounting
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Title |
Airport Privatisation in Australia: A Tale of Three Cities
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Creator |
Aulich, Chris
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Description |
This article addresses the performance of three Australian airports since they were privatised by divestment. They represent cases of divestment in a monopoly environment, with ownership arrangements for each airport varying markedly. The performances of the divested airports are considered using both financial and non-financial data. There are significant implications for future divestment policies, including the value of divestment as a policy response of governments in less competitive environments, the use of particular infrastructure investment models, and the nature of the linkage between ownership structure and financial performance.
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Publisher |
Redfame publishing
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Contributor |
—
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Date |
2014-12-16
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://redfame.com/journal/index.php/afa/article/view/614
10.11114/afa.v1i1.614 |
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Source |
Applied Finance and Accounting; Vol 1, No 1 (2015); 1-11
2374-2429 2374-2410 |
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Language |
eng
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Relation |
http://redfame.com/journal/index.php/afa/article/view/614/597
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