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Public‐Private Partnerships for Municipal Utilities, Part 2: Governance Models Facing a Revolution
Author(s) -
Baird Gregory M.
Publication year - 2012
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 - 10.5942/jawwa.2012.104.0140
Subject(s) - corporate governance , order (exchange) , business , control (management) , economics , finance , management
Water utilities today are under increasing pressure to control costs and become more competitive while complying with increasingly stringent regulatory requirements and maintaining the fiscal and structural integrity of aging infrastructure. In this new economy, water utilities many times are forced to reinvent themselves and undergo some sort of change in order to meet these competing objectives ‐ even if this change involves a change of governance, which is akin to revolution.