Full Description

This article reviews failure-prediction models that have appeared in the financial literature and describes development of a distress classification model for water utilities. The methodology can be used as an early-warning system to identify failing water utilities, as a screening tool for systems seeking certification, and as a viability test for evaluating prospective structural changes to existing systems. Although financial models are useful as a general screening and evaluation device, the authors caution that they do not fully capture other factors important to viability, such as managerial and technical capability or a community's ability to support water system costs. Includes 17 references, tables, figure.

Product Details

Edition: Vol. 85 - No. 6 Published: 06/01/1993 Number of Pages: 7 File Size: 1 file , 1.6 MB