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Cost of Service Includes Tax Paid by Shareholders
Publication year - 1984
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1984.tb05291.x
Subject(s) - shareholder , business , service (business) , capital (architecture) , finance , capital cost , supreme court , actuarial science , economics , corporate governance , marketing , law , archaeology , political science , history , macroeconomics
The ability of a utility to recover its operating expenses and to achieve a reasonable return on its invested capital can be met only if the return is sufficient to assure confidence in the financial integrity of the enterprise, the Supreme Court of Texas said.