The debate on rail privatisation often seems to focus on very narrow issues. Those on both sides of the argument seem to be able to employ a mass of statistics to prove their point. Proponents of privatisation suggest, with some credibility, that all was reasonably well with the privatised...

"An Unreal Number" examines pension accounting and, in particular, its effects on the results and financial position of the sponsor of a defined benefit pension plan. Current pension accounting standards are better than their predecessors because they seek to provide information about the value...

Railway privatisation has been a mixture of success and failure. Increasing passenger numbers and improvements in rolling stock have been offset by failures in infrastructure maintenance, service quality and most notably cost management. These outcomes can be attributed to the suboptimal...

Transport played a central role during the pandemic, with aviation facilitating the rapid global spread of Covid-19. The sector was targeted by governments that imposed draconian restrictions on mobility in an attempt to reduce transmission, but at the same time supported the aviation and rail...

This paper considers pathways of organizational change within British Rail (BR) during its long period of commercialization culminating in privatization. The Laughlin (1991) and Parker (1995a) frameworks are used to demonstrate how a new interpretative scheme supplanted the previous...