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Corporatisation and Performance: A Literature Review and an Analysis of the Performance Effects of the Corporatisation of Port of Rotterdam Authority

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  • Peter W. de Langen
  • Christiaan Heij

Abstract

The ongoing process of port reform has led to an increasing number of publicly owned but corporatised port authorities (PAs). The performance effects of corporatisation have been analysed, for example, for the airports industry, often showing positive effects. This paper reviews the literature on port reform and the relationship between port governance structures and performance. It also presents a first case study on the effects of corporatisation of PAs, namely for the Port of Rotterdam Authority, a publicly owned but corporatised port development company. In 2004, this organisation was transformed from a municipal department to an independently operating company. The performance indicators to evaluate the effect of this corporatisation include market share, turnover, operating costs, profits, and investments. These indicators are evaluated for two periods, one prior to the corporatisation (1997-2003) and the other afterwards (2005-11). The comparison of these two periods shows that corporatisation has led to significant improvements of all performance indicators. The findings derived from this case study are relevant for the ongoing discussion on port governance models.

Suggested Citation

  • Peter W. de Langen & Christiaan Heij, 2014. "Corporatisation and Performance: A Literature Review and an Analysis of the Performance Effects of the Corporatisation of Port of Rotterdam Authority," Transport Reviews, Taylor & Francis Journals, vol. 34(3), pages 396-414, May.
    • Handle: RePEc:taf:transr:v:34:y:2014:i:3:p:396-414
    DOI: 10.1080/01441647.2014.905650
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    1. Pablo Coto-Millán & Ingrid Mateo-Mantecón & Juan Luis Doménech Quesada & Adolfo Carballo Panela & Miguel Ángel Pesquera, 2010. "Evaluation of Port Externalities: The Ecological Footprint of Port Authorities," Contributions to Economics, in: Pablo Coto-Millán & Miguel Angel Pesquera & Juan Castanedo (ed.), Essays on Port Economics, pages 323-340, Springer.
    2. Pablo Coto-Millán & Miguel Angel Pesquera & Juan Castanedo (ed.), 2010. "Essays on Port Economics," Contributions to Economics, Springer, number 978-3-7908-2425-4, October.
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    1. Peter W. de Langen & Henrik Sornn-Friese & James Hallworth, 2020. "The Role of Port Development Companies in Transitioning the Port Business Ecosystem; The Case of Port of Amsterdam’s Circular Activities," Sustainability, MDPI, vol. 12(11), pages 1-16, May.
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    6. Zhang, Qiang & Geerlings, Harry & El Makhloufi, Abdel & Chen, Shun, 2018. "Who governs and what is governed in port governance: A review study," Transport Policy, Elsevier, vol. 64(C), pages 51-60.
    7. Tsakiridis, Andreas & Mateo-Mantecón, Ingrid & O'Connor, Eamonn & Hynes, Stephen & O'Donoghue, Cathal, 2021. "Efficiency benchmarking of Irish and North Atlantic Spanish ports: Implications for blue growth," Utilities Policy, Elsevier, vol. 72(C).
    8. Osadume Richard C. & University Edih O., 2020. "Port Revenue Performance and Economic Growth: The Nigerian Ports Authority Experience, 2010-2019," LOGI – Scientific Journal on Transport and Logistics, Sciendo, vol. 11(2), pages 1-11, November.
    9. Alejandro Vega-Muñoz & Guido Salazar-Sepúlveda & Nicolás Contreras-Barraza & Lorena Araya-Silva, 2021. "Port Governance and Cruise Tourism," Sustainability, MDPI, vol. 13(9), pages 1-16, April.
    10. Wilmsmeier, Gordon & Monios, Jason, 2015. "The production of capitalist “smooth” space in global port operations," Journal of Transport Geography, Elsevier, vol. 47(C), pages 59-69.
    11. Stephen Hynes & Ingrid Mateo-Mantecón & Eamonn O’Connor & Andreas Tsakiridis, 2020. "Relative size and technical efficiency in peripheral port markets: evidence from Irish and North Atlantic Spanish ports," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(3), pages 383-402, September.
    12. Ruben Tessmann & Ralf Elbert, 2022. "Multi-sided platforms in competitive B2B networks with varying governmental influence – a taxonomy of Port and Cargo Community System business models," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(2), pages 829-872, June.
    13. Hynes, S. & Mateo-Mantecón, I. & O’Connor, E. & Tsakiridis, A., 2019. "Examining the relationship between relative size and technical efficiency in peripheral port markets: Evidence from Irish and North Atlantic Spanish ports," Working Papers 309603, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    14. Xiyan Gu & Yingjun Zhu & Jingxia Zhang, 2023. "Toward sustainable port development: an empirical analysis of China’s port industry using an ESG framework," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-14, December.
    15. Van den Berghe, Karel & Daamen, Tom, 2019. "From Planning the Port/City to Planning the Port-City. Exploring the Economic Interface in European Port Cities," SocArXiv qtuyf, Center for Open Science.

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