Based on published financial data, the paper aims to identify a new way to prevent financial distress in Italian Local Governments. By applying a set of key indicators, we can discriminate local governments with financial equilibrium from the ones presenting financial problems. The model is tested on a sample of 58 entities and the results can be extended to prevent distress.

How to prevent distress in local government: a new model applied in Italy

MANES ROSSI, Francesca;
2012-01-01

Abstract

Based on published financial data, the paper aims to identify a new way to prevent financial distress in Italian Local Governments. By applying a set of key indicators, we can discriminate local governments with financial equilibrium from the ones presenting financial problems. The model is tested on a sample of 58 entities and the results can be extended to prevent distress.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11386/3888785
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