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

Authors: Vincenzo Fasone; Pasquale Maggiore

Addresses: Kore University of Enna, Cittadella Universitaria, 94100 Enna, Italy ' Kore University of Enna, Cittadella Universitaria, 94100 Enna, Italy

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.

Keywords: privatisation; financial performance; Italy; airports; airport ownership; airport management.

DOI: 10.1504/IJBPM.2013.054927

International Journal of Business Performance Management, 2013 Vol.14 No.3, pp.256 - 273

Received: 09 Aug 2012
Accepted: 29 Nov 2012

Published online: 17 May 2013 *

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