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

Authors

  • Suhaiza Ismail Department of Accounting, Kulliyyah of Accounting and Management Sciences, International Islamic University Malaysia

DOI:

https://doi.org/10.32890/jbma2011.1.1.6792

Keywords:

Private finance initiative (PFI), profitability, private sector, performance

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.

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Published

20-06-2011

How to Cite

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

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Articles