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‘Engines of Extravagance’: The privatised British railway rolling stock industry

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  • McCartney, Sean
  • Stittle, John

Abstract

The privatisation of Britain's railways involved not only the transfer to private ownership but also the break-up of a previously integrated industry. Under the government's plan the railway's passenger rolling stock was sold to three rolling stock companies (or ‘ROSCOs’).

Suggested Citation

  • McCartney, Sean & Stittle, John, 2012. "‘Engines of Extravagance’: The privatised British railway rolling stock industry," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 23(2), pages 153-167.
  • Handle: RePEc:eee:crpeac:v:23:y:2012:i:2:p:153-167
    DOI: 10.1016/j.cpa.2011.10.001
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    Cited by:

    1. Oliver Lewis & Avner Offer, 2021. "Railways as Patient Capital," Oxford Economic and Social History Working Papers _195, University of Oxford, Department of Economics.
    2. McCartney, S. & Stittle, J., 2017. "‘A Very Costly Industry’: The cost of Britain’s privatised railway," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 49(C), pages 1-17.
    3. Alawattage, Chandana & Alsaid, Loai Ali, 2018. "Accounting and structural reforms: A case study of Egyptian electricity," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 50(C), pages 15-35.

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