Overview

A study in corporate failure, this book examines the financial collapse of the privatised nuclear power company British Energy plc. Drawing on exclusive interviews with formers executives from the company and its competitors, the electricity regulators, financial advisors and investors and academic experts on electricity pricing and nuclear power, Taylor analyzes how the company's financial collapse was rooted in the post-war history of British nuclear power. The author, a former City financial analyst turned academic economist based at Cambridge University, uses his extensive experience in the fields of economics, finance and corporate strategy to provide readers with an excellent account of privatisation and financial collapse in the energy sphere that conveys the reality of management decisions and the pressures of commercial and financial markets.

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9786610943463

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