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Profit And Performance Measurement In The UK Water Industry


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description
The aim of the book is to evaluate the impact of regulatory price cap schemes on the financial performance of the Water and Sewerage Companies (WaSCs) when the number of observations is small. We applied an index number approach to allow for cross sectional comparisons of relative profitability, productivity and price performance of WaSCs. We also applied a panel index approach across WaSCs over time to decompose unit-specific (temporal) index number based profitability growth as a function of the profitability, productivity and price performance growth achieved by benchmark firms, and the catch-up to the benchmark firm achieved by less productive firms. We finally employed both index numbers and DEA to evaluate various profit drivers such as price changes, productivity changes and activity effect levels on the financial performance of WaSCs over time. We suggest that our approach should be of great interest to researchers who are interested in evaluating the effectiveness of regulation and/or developing effective comparative performance techniques when sample sizes are limited.
Product Specifications
SKU :COC12404
AuthorAlexandros Maziotis
Number of Pages280
Publishing Year5/21/2012
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-17 00:00:00