Privatisation and Financial Collapse in the Nuclear Industry

Privatisation and Financial Collapse in the Nuclear Industry

AngličtinaMäkká väzbaTlač na objednávku
Taylor, Simon
Taylor & Francis Ltd
EAN: 9780415542005
Tlač na objednávku
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Podrobné informácie

A timely contribution and incisive analysis, this is the story of the British experiment in privatizing the nuclear power industry and its subsequent financial collapse. It tells how the UK's pioneering role in nuclear power led to bad technology choices, a badly flawed restructuring of the electricity industry and the end of government support for nuclear power.

In this volume Simon Taylor has combined interviews with former executives, regulators and analysts with his own unique insight into the nuclear industry to provide an analysis of the origins of the crisis and the financial and corporate strategies used by British Energy plc.

Arguing that the stock market was a major factor in the company's collapse by misunderstanding its finances, over-valuing the shares and giving wrong signals to management and that the government policy of trying to put all responsibility for nuclear liabilities in the hands of the private sector was neither credible nor realistic. The book concludes that failure was not inevitable but resulted from a mixture of internal and external causes that casts doubt on the policy of combining a wholly nuclear generator with liberalized power markets.

This book will be of great interest to students engaged with the history of nuclear power in the UK, privatization, regulation and financial and corporate strategy, as well as experts, policy makers and strategists in the field.

EAN 9780415542005
ISBN 0415542006
Typ produktu Mäkká väzba
Vydavateľ Taylor & Francis Ltd
Dátum vydania 14. júna 2012
Stránky 272
Jazyk English
Rozmery 234 x 156
Krajina United Kingdom
Čitatelia Postgraduate, Research & Scholarly
Autori Taylor, Simon
Ilustrácie 20 Tables, black and white; 25 Line drawings, black and white; 25 Illustrations, black and white
Séria Routledge Studies in Business Organizations and Networks
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