WOULD LIMITS ON DIVERSIFICATION PUT MORE MONEY INTO THE RAILROADS

This article examines the appropriateness of tightening the regulatory restrictions to inhibit the diversification activities of railroad holding companies as a safeguard against further disinvestment in rail service through diversion of assets of the railroad subsidiaries. Based on the experience in other regulated industries such as public utilities and banking, where the holding company form of organization prevails to varying degrees, the Interstate Commerce Commission could have new powers. The author concludes that the only course of action to arrest disinvestment in railroad properties is to create an environment that will permit the earning of profits obtainable on investments in other sectors of the economy.

  • Availability:
  • Corporate Authors:

    Simmons-Boardman Publishing Corporation

    508 Birch Street
    Bristol, CT  USA  06010
  • Authors:
    • Richardson, L K
  • Publication Date: 1977-6-27

Media Info

  • Features: Tables;
  • Pagination: 4 p.
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00157968
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Aug 31 1977 12:00AM