AWWA ACE94003

This paper reviews the bankruptcy and failure prediction models that have appeared in the finance literature and develops a distress classification model for water utilities. The methodology can be used as an early warning system to identify potentially bankrupt or financially distressed water utilities, as a screening device applied to systems seeking certification, and as a viability test for evaluating prospective structural changes among existing systems. All of these outcomes singly or together should help reduce the future impact of distressed water utilities.

Product Details

Published:

01/01/1994

ISBN(s):

0898677726

Number of Pages:

22

File Size:

1 file , 830 KB