This paper discusses alternative concepts of productivity and methods of measurement. Different measures are appropriate for different questions. Partial factor productivity measures, such as the ever-popular labour productivity, are appropriate where disaggregate operational performance is of...

The British Columbia Ferry Corporation (BCFC) provides a coastal ferry service for passengerd and vehicles, operating 24 routes serving 42 communities including high volume financially viable routes between Greater Vancouver and Vancouver Island. The smaller routes requre a subsidy but these...

Building a railroad for developmental purposes is a task best suited for a Mississippi riverboat gambler. It has all the proper elements: glamour, acknowledged risks, timid doubters hanging around, the possibility of huge winnings. The successful builders become creatures of folklore: Van Horne...

Recently BSkyB, a subscription based satellite broadcaster, attempted to win the rights to broadcast key sporting events away from the over-the-air broadcasters. Although conventional rationales for government intervention do not seem to apply to this situation, the government announced that...

Shareholders in many share issued privatizations (SIPs) have enjoyed substantial increases in the value of their investments. This study examines the factors that influence the long-run stock price performance of an international sample of SIPs, focusing on three-year buy and hold returns. After...

The impact of tightening the regulation of illegal insider trading in the United States is analysed. It is argued that more effective regulation will reduce the price run-up in target companies prior to takeover announcements. By comparing stock price responses to takeover announcements during...