Skip to main content

“A deficient performance”: The regulation of the train operating companies in Britain’s privatised railway system

Jupe, Robert E., Crompton, Gerald W. (2006) “A deficient performance”: The regulation of the train operating companies in Britain’s privatised railway system. Critical Perspectives on Accounting, 17 (8). pp. 1035-1065. ISSN 1045-2354. (doi:10.1016/j.cpa.2005.10.002) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:2933)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
Official URL
http://dx.doi.org/10.1016/j.cpa.2005.10.002

Abstract

This paper focuses on the performance and regulation of the train operating companies in Britain’s

scrutiny given to the theory and practice of the franchising process which established these

planned abolition. This assessment employs critical financial analysis, and draws on non-financial

increasing the number of rail passengers; managing franchises in the interests of passengers; encouraging

in rail services; and securing a progressive improvement in the quality of rail services. The paper

these objectives. It places this failure in context by highlighting the fundamental problem—the flawed

The “stronger” regulation envisaged by the Blair Government is revealed as a smoke screen

behind which there is a continuing transfer of wealth from taxpayers to the owners and providers of capital.

Item Type: Article
DOI/Identification number: 10.1016/j.cpa.2005.10.002
Uncontrolled keywords: Privatisation; Railways; Train operating companies; Franchises; Regulation; Strategic rail authority
Subjects: H Social Sciences > HE Transportation and Communications
H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: Faculties > Social Sciences > Kent Business School > Accounting and Finance
Depositing User: Suzanne Duffy
Date Deposited: 28 Apr 2008 08:56 UTC
Last Modified: 28 May 2019 13:38 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/2933 (The current URI for this page, for reference purposes)
  • Depositors only (login required):