Private Pubic Sector?: The Case of Urban Bus Transit.
- 1 August 1985
- journal article
- Published by Academy of Management in Academy of Management Proceedings
- Vol. 1985 (1) , 304-308
- https://doi.org/10.5465/ambpp.1985.4980576
Abstract
This study assessed the costs and benefits of privatization in the context of urban bus transit. Five ownership-management structures were compared on a series of performance indicators. The analysis demonstrated that subsidized, privately-owned and managed systems exhibited greater operating efficiency than public providers, but they also were significantly less safe. Publicly-owned systems operated by management service companies had generally lower operating efficiency than publicly-owned systems managed by governmental entities.Keywords
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