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AN ANALYSIS OF RAILTRACK, UK THROUGH TIME AND SPACE
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Annabelle James 
, James Kirkbride, Steve Letza, Xiuping Sun
Abstract
Current analyses of the failure of Railtrack commonly blame privatisation and the subsequent fragmentation of the railway network as the main reasons for failure. The prevailing explanations are characterised by a temporal boundary (pre-post privatisation) and a spatial separation (fragmentation of the system). However, the available empirical evidence does not support these assumed boundary characterisations. Our analysis shows that past analyses of Railtrack fail to adequacy consider the role of time and space. We question the conventional mode of thought and turn to viewing the phenomenon of Railtrack in processual terms and in time and space dimensions. We find that Railtrack was destined to fail due to a complex mix of interlinkage and interaction of ideology, socio-cultural issues and historical legacies.
Keywords: Privatisation, Railtrack Industry, Corporate Governance
How to cite this paper: James, A., Kirkbride, J., Letza, S., & Sun, X. (2004). An analysis of railtrack, UK through time and space. Corporate Ownership & Control, 2(2), 120-134. https://doi.org/10.22495/cocv2i2p11
