Autore
Sperandini, FrancescoTitolo
Utilities italiane, monopoli naturali e unbundling finanziarioPeriodico
L'industriaAnno:
2012 - Fascicolo:
4 - Pagina iniziale:
663 - Pagina finale:
674The attention in Italy of listed firms, financial analysts and the press is stressing the relevance of the level of debt in distribution (water, gas, electricity) operators. The aim of this article is to highlight that the reduction of the debt normally comes with the underinvestment in infrastructure, so that it could put at risk the long term concessions that permit distribution operators to manage the network, because of lack of compliance. The paper focuses then another risk: to see the distribution operator's net working capital to finance the other businesses of the parent company.
SICI: 0019-7416(2012)4<663:UIMNEU>2.0.ZU;2-Q
Testo completo:
http://www.mulino.it/download/article/10.1430/38957Testo completo alternativo:
http://www.mulino.it/doi/10.1430/38957Esportazione dati in Refworks (solo per utenti abilitati)
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