Along with the burgeoning need for an increase in airport capacity to accommodate the demand for increasing air transport capacity comes the issue of proper fiscal management of income derived by airports and air navigation services providers. Airports are showing much success at earning income...

Many airlines are neither completely public nor private enterprises but have hybrid or mixed public-private ownership. Theory and evidence regarding the performance of private, public and mixed ownership are addressed in the context of the international airline industry. The study empirically...

We study the effect of state ownership on the market-to-book ratios of publicly traded European utilities from 1994 to 2005. We find that when the company is subject to independent regulation, state ownership seems positively associated with firm value. This relation tends to appear in countries...

No abstract.