Why is the water industry in so much trouble?
The Briefing Room
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Financial Engineering and Regulatory Oversight in Privatized Companies
The chapter delves into the risks associated with companies neglecting responsibilities, leading to financial dangers and increased costs for consumers. It emphasizes the need for effective regulation to prevent misuse of balance sheets and ensure fairness in the market. The discussion extends to examples from the electricity and water sectors, advocating for improved regulatory models to address shortcomings in oversight.
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