How to Prevent Distress in Local Government: A New Model Applied in Italy
AA.VV. Proceedings of the Virtual International Conference on Advanced Research in Scientific Fields, pp. 1-5, 2012
Posted: 16 Jan 2015
Date Written: 2012
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.
Keywords: distress; local government; key indicators
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