Publications
Publications
- January 2002 (Revised July 2004)
- HBS Case Collection
Renationalization of Railtrack?
Abstract
Railtrack faces bankruptcy five years after its privatization. Railtrack's performance deteriorated since its privatization in 1996, exhibited by its weakening financial health, unsatisfactory services, poor safety record, and mismanaged investment program. In October 2001, the U.K. government decided to put the company in administration. What had gone wrong with privatization in Railtrack's case? What alternatives were there for Railtrack post the administration?
Keywords
Rail Transportation; Privatization; Insolvency and Bankruptcy; State Ownership; Rail Industry; United Kingdom
Citation
Dyck, Alexander, and Irina L. Christov. "Renationalization of Railtrack?" Harvard Business School Case 702-032, January 2002. (Revised July 2004.)