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Financial performance and privatisation in the airport industry: the case of Italy

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  • Vincenzo Fasone
  • Pasquale Maggiore

Abstract

In the past decades, many countries have increased the presence of various forms of private sector involvement in airport ownership and management. This paper discusses 'if' and 'under which conditions', various ownership forms - as public/private shareholders - can affect the financial performance of Italian airports. By taking into account a weighting factor, the main purpose is to provide empirical evidence on the existing relation between the level of privatisation and relative financial performance.

Suggested Citation

  • Vincenzo Fasone & Pasquale Maggiore, 2013. "Financial performance and privatisation in the airport industry: the case of Italy," International Journal of Business Performance Management, Inderscience Enterprises Ltd, vol. 14(3), pages 256-273.
  • Handle: RePEc:ids:ijbpma:v:14:y:2013:i:3:p:256-273
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    Citations

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    Cited by:

    1. Fasone, Vincenzo & Maggiore, Pasquale & Scuderi, Raffaele, 2014. "Airport ownership and financial performance: Evidence from Italy," Journal of Air Transport Management, Elsevier, vol. 40(C), pages 163-168.
    2. Cahill, Catríona & Palcic, Dónal & Reeves, Eoin, 2017. "Commercialisation and airport performance: The case of Ireland's DAA," Journal of Air Transport Management, Elsevier, vol. 59(C), pages 155-163.
    3. Abbruzzo, Antonino & Fasone, Vincenzo & Scuderi, Raffaele, 2016. "Operational and financial performance of Italian airport companies: A dynamic graphical model," Transport Policy, Elsevier, vol. 52(C), pages 231-237.

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