Title: Public private partnership and IFRIC 12 in Italy

Authors: Eugenio Braja; Maura Campra; Paolo Ricci; Paolo Esposito

Addresses: Department of Business Administration Studies, University of Eastern Piedmont, Via Perrone, 18, 28100, Novara, Italy ' Department of Business Administration Studies, University of Eastern Piedmont, Via Perrone, 18, 28100, Novara, Italy ' University of Sannio, Via Delle Puglie, 82, 82100, Benevento, Italy ' Department of Business Administration Studies, University of Eastern Piedmont, Via Perrone, 18, 28100, Novara, Italy; Department of Analysis of Social and Economic Systems (DASES), University of Sannio, Via Delle Puglie, 82, 82100, Benevento, Italy

Abstract: The present paper aims to investigate the universe of concession companies that have implemented IFRIC 12, in order to offer a comprehensive evidence on IFRIC 12 distinctiveness, before and after its introduction. The analysis of IFRIC 12 allows us to handle the issue of the interaction between public body and private sectors in the field of the construction and management of infrastructure. The analysis of national legislation and regulation regarding concessions essentially aims to identify several business areas to which these aspects apply.

Keywords: public private partnerships; PPPS; service concession arrangements; SCA; IFRIC 12; financial reporting; Italy; infrastructure construction; infrastructure management; national legislation; regulation; concessions.

DOI: 10.1504/GBER.2016.076241

Global Business and Economics Review, 2016 Vol.18 No.3/4, pp.371 - 384

Received: 23 Jan 2014
Accepted: 25 Sep 2014
Published online: 30 Apr 2016 *

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