Profitability of major private sector companies involved in the private finance initiative scheme

Ismail, Suhaiza (2011) Profitability of major private sector companies involved in the private finance initiative scheme. Journal of Business Management and Accounting (JBMA), 1 (1). pp. 17-39. ISSN 2231-9298

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Abstract

Private Finance Initiative (PFI) has become a widely used mechanism for delivering public services in the United Kingdom. Despite the extensive use of the PFI scheme and strong support from the private sector companies, it has often been controversial. One of the controversies is based on the claim that the private sector companies are making excessive profi ts from PFI projects. Hence, this paper aims at evaluating the profitability of several private sector companies which are heavily involved in the PFI projects. The analysis of the performance of private sector companies suggested that no clear evidence of excessive profi ts were made by the companies from their PFI involvement.

Item Type:	Article (Journal)
Additional Information:	5096/2057
Uncontrolled Keywords:	Private fi nance initiative (PFI), profi tability, private sector, performance
Subjects:	H Social Sciences > HJ Public Finance > HJ9701 Public accounting
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Accounting
Depositing User:	Prof. Dr. Suhaiza Ismail
Date Deposited:	14 Sep 2011 12:22
Last Modified:	03 Jan 2012 16:22
URI:	http://irep.iium.edu.my/id/eprint/2057

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