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Corporatization: a legislative framework for port inefficiencies

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  • Sophia Everett

Abstract

It is now some five years since the restructure of Australian ports and their transformation into corporatized entities. This strategy was adopted in an endeavour to improve efficiency by distancing government from day to day operations—the element that was perceived by many to be the cause of sub-optimal performance. While there is widespread agreement that port performance has improved significantly, dissatisfaction persists with the continued political intervention which is considered to be the reason for ongoing sub-optimal performance and ports' commercial potential from being realized. This paper investigates some of these issues but argues that political intervention per se should not be the focus of research and what is widely perceived to be the cause of the problem. Rather, that political intervention is an effect of something more endemic, of a legislative framework which may not be appropriate for the operations of a commercially focused port. It is argued that the focus should therefore be on the cause, a legislative framework, rather than the outworkings, or the effects of that framework.

Suggested Citation

  • Sophia Everett, 2003. "Corporatization: a legislative framework for port inefficiencies," Maritime Policy & Management, Taylor & Francis Journals, vol. 30(3), pages 211-219, July.
    • Handle: RePEc:taf:marpmg:v:30:y:2003:i:3:p:211-219
    DOI: 10.1080/0308883032000113433
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    Citations

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    Cited by:

    1. Angeliki Pardali & Constantine Stathopoulou, 2006. "The Post-War Port Industry Development Models: the Effects on the Economic Development of the Port’s Hinterland," ERSA conference papers ersa06p459, European Regional Science Association.
    2. Pallis, Athanasios A., 2007. "Chapter 11 Whither Port Strategy Theory and Practice in Conflict," Research in Transportation Economics, Elsevier, vol. 21(1), pages 343-382, January.
    3. Brooks, Mary R. & Cullinane, Kevin, 2006. "Chapter 26 Conclusions and Research Agenda," Research in Transportation Economics, Elsevier, vol. 17(1), pages 631-660, January.
    4. Brooks, Mary R. & Cullinane, Kevin, 2006. "Chapter 1 Introduction," Research in Transportation Economics, Elsevier, vol. 17(1), pages 3-28, January.
    5. Pallis, Athanasios A. & Syriopoulos, Theodore, 2007. "Port governance models: Financial evaluation of Greek port restructuring," Transport Policy, Elsevier, vol. 14(3), pages 232-246, May.
    6. Haugstetter, Hilary & Cahoon, Stephen, 2010. "Strategic intent: Guiding port authorities to their new world?," Research in Transportation Economics, Elsevier, vol. 27(1), pages 30-36.
    7. Heaver, Trevor, 2006. "The Evolution and Challenges of Port Economics," Research in Transportation Economics, Elsevier, vol. 16(1), pages 11-41, January.
    8. Giovanni Satta, 2017. "Initial public offerings in the port industry: exploring the determinants of underpricing," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(8), pages 1012-1033, November.
    9. Brooks, Mary R. & Cullinane, Kevin, 2006. "Chapter 18 Governance Models Defined," Research in Transportation Economics, Elsevier, vol. 17(1), pages 405-435, January.
    10. Constantine Chlomoudis & Petros A. Kostagiolas, 2013. "Integrating Information Services for Managing Regulations in International Maritime Transportation," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 63(3-4), pages 128-136, July.

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