FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3193875891> ?p ?o ?g. }

• W3193875891 abstract "The concept of a public utility company is certainly nothing new. Because of the importance and unique costs associated with developing and maintaining a utility company, there have been several policy judgments made over time with respect to the regulation of the industry. One of the largest, most unique, benefits that utility companies enjoy is the ability to operate in a monopolistic form. Over time, it was realized that the economically advantageous features of a utility company made them great vehicles for investors seeking reliable, competitive dividends and modest growth targets. Now, utility company stocks trade on the major exchanges and, as with most publicly traded companies, are managed with an eye toward short term profits.These investor owned utility companies (“IOUs”) focus on paying higher dividends, maintaining their stock price, and attracting institutional money. One unfortunate side effect of these goals is that, governance decisions became riskier, leverage ratios grow, and otherwise free cash ends up being funneled to investors. The consequence for some of these IOUs is being forced to file for bankruptcy. The results of IOU bankruptcy proceedings have been mixed. Sometimes the reorganization process, rather than fixing the underlying problems, simply serves to shift the debt and liability incurred by the IOUs onto their local communities, rate payers, and taxpayers. Subsidization for unpaid liabilities for wildfire damage, emergency bond issuances, and government bailouts only addressed the short-term problem. More importantly, the protections of Chapter 11 were specifically intended to revive the companies that had played too fast and loose and in the case of IOUs, potentially set them up to do it again. Part I of this article provides some background information on investor owned utilities and concepts underlying the risks and rewards of stock ownership. Part II, discusses some of the issues arising in the world of investor owned utility bankruptcies, and seeks to understand some of their potential causes. Part III examines PG&E’s general governance prior to their most recent bankruptcy filing and draws parallels between the theoretical issues in Part II and the reality of PG&E’s current situation. Part IV proposes a solution, imposing a consequence for failing utility companies that would otherwise be bailed out. When an investor owned utility becomes insolvent, there should be a forced sale of the business to the sate so that it can resume operation as a “Taxpayer Owned Utility.”" @default.
• W3193875891 created "2021-08-30" @default.
• W3193875891 creator A5069424998 @default.
• W3193875891 date "2019-02-15" @default.
• W3193875891 modified "2023-09-23" @default.
• W3193875891 title "Taxpayer Owned Utilities: Restoring the Appropriate Balance Between Risk and Reward with Respect to Investor Owned Utility Companies" @default.
• W3193875891 hasPublicationYear "2019" @default.
• W3193875891 type Work @default.
• W3193875891 sameAs 3193875891 @default.
• W3193875891 citedByCount "0" @default.
• W3193875891 crossrefType "posted-content" @default.
• W3193875891 hasAuthorship W3193875891A5069424998 @default.
• W3193875891 hasConcept C10138342 @default.
• W3193875891 hasConcept C116168712 @default.
• W3193875891 hasConcept C119857082 @default.
• W3193875891 hasConcept C120527767 @default.
• W3193875891 hasConcept C139719470 @default.
• W3193875891 hasConcept C144133560 @default.
• W3193875891 hasConcept C153083717 @default.
• W3193875891 hasConcept C162324750 @default.
• W3193875891 hasConcept C17744445 @default.
• W3193875891 hasConcept C199539241 @default.
• W3193875891 hasConcept C199728807 @default.
• W3193875891 hasConcept C2776360696 @default.
• W3193875891 hasConcept C39389867 @default.
• W3193875891 hasConcept C41008148 @default.
• W3193875891 hasConcept C504631918 @default.
• W3193875891 hasConcept C556758197 @default.
• W3193875891 hasConceptScore W3193875891C10138342 @default.
• W3193875891 hasConceptScore W3193875891C116168712 @default.
• W3193875891 hasConceptScore W3193875891C119857082 @default.
• W3193875891 hasConceptScore W3193875891C120527767 @default.
• W3193875891 hasConceptScore W3193875891C139719470 @default.
• W3193875891 hasConceptScore W3193875891C144133560 @default.
• W3193875891 hasConceptScore W3193875891C153083717 @default.
• W3193875891 hasConceptScore W3193875891C162324750 @default.
• W3193875891 hasConceptScore W3193875891C17744445 @default.
• W3193875891 hasConceptScore W3193875891C199539241 @default.
• W3193875891 hasConceptScore W3193875891C199728807 @default.
• W3193875891 hasConceptScore W3193875891C2776360696 @default.
• W3193875891 hasConceptScore W3193875891C39389867 @default.
• W3193875891 hasConceptScore W3193875891C41008148 @default.
• W3193875891 hasConceptScore W3193875891C504631918 @default.
• W3193875891 hasConceptScore W3193875891C556758197 @default.
• W3193875891 hasOpenAccess W3193875891 @default.
• W3193875891 hasRelatedWork W1561022459 @default.
• W3193875891 hasRelatedWork W1985576790 @default.
• W3193875891 hasRelatedWork W2032325887 @default.
• W3193875891 hasRelatedWork W2122770388 @default.
• W3193875891 hasRelatedWork W2151896520 @default.
• W3193875891 hasRelatedWork W2479112866 @default.
• W3193875891 hasRelatedWork W2495975887 @default.
• W3193875891 hasRelatedWork W2583002005 @default.
• W3193875891 hasRelatedWork W2618790 @default.
• W3193875891 hasRelatedWork W2743543137 @default.
• W3193875891 hasRelatedWork W2784016139 @default.
• W3193875891 hasRelatedWork W2794910101 @default.
• W3193875891 hasRelatedWork W2896228268 @default.
• W3193875891 hasRelatedWork W3009994124 @default.
• W3193875891 hasRelatedWork W3125301812 @default.
• W3193875891 hasRelatedWork W31808524 @default.
• W3193875891 hasRelatedWork W3186189947 @default.
• W3193875891 hasRelatedWork W3196729674 @default.
• W3193875891 hasRelatedWork W65525330 @default.
• W3193875891 hasRelatedWork W1707230678 @default.
• W3193875891 isParatext "false" @default.
• W3193875891 isRetracted "false" @default.
• W3193875891 magId "3193875891" @default.
• W3193875891 workType "article" @default.