A Critical Financial Analysis of the Performance of Privatised Insustries: The Case of the Water Industry in England and Wales
@article{Shaoul1997ACF, title={A Critical Financial Analysis of the Performance of Privatised Insustries: The Case of the Water Industry in England and Wales}, author={J. Shaoul}, journal={Critical Perspectives on Accounting}, year={1997}, volume={8}, pages={479-505} }
Abstract The water industry was one of a number of publicly run enterprises and assets which were sold into private ownership during the 1980s in the UK. The Government justified its privatisation programme on a number of grounds. In particular it believed that privatisation would improve industrial performance by subjecting the nationalised industries to the discipline of the market and yield benefits, via greater efficiency, to the industry, customers and the nation. This paper uses a case… Expand
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