Research Article Published 20 June 2011

Profitability of Major Private Sector Companies Involved in The Private Finance Initiative Scheme

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Ismail, S. (2011). Profitability of Major Private Sector Companies Involved in The Private Finance Initiative Scheme. Journal of Business Management and Accounting, 1(1), 17-39. https://doi.org/10.32890/jbma2011.1.1.6792
Suhaiza Ismail
Department of Accounting, Kulliyyah of Accounting and Management Sciences, International Islamic University Malaysia, Malaysia
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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 profits 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 profits were made by the companies from their PFI involvement.

Keywords
Private finance initiative (PFI) profitability private sector performance

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DOI · 10.32890/jbma2011.1.1.6792
OpenAlex · W4318611064

References

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