This paper analyses the relation between regulation, accountability and accounting of concession contracts in three major sectors: motorways, utilities and energy. Firstly it identifies major problems in the accounting rules for concession contracts also analysing how political forces are...

This paper analyses, in a critical perspective, the evolution in accounting for ‘concession arrangements'. It is aimed to verify: if the new regulatory framework is sufficiently clear to allow a transparent and coherent accounting of such operations, which is its effect on public and private...