• Title of article

    Cashflow-at-Risk and Financial Policy for Electricity Companies in the New World Order

  • Author/Authors

    Daniel A. LaGattuta، نويسنده , , Jeremy C. Stein، نويسنده , , Michael L. Tennican، نويسنده , , Stephen E. Usher، نويسنده , , Jeff Youngen، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2000
  • Pages
    6
  • From page
    15
  • To page
    20
  • Abstract
    A new statistical tool for measuring energy companiesʹ cashflow-at-risk shows that average cashflow volatility about doubled in the late 1990s. Evidence also suggests that the median company in the industry has not reduced its debt burden. It appears that some companies have meaningfully increased the probability of finding themselves in a cash-strapped position.
  • Journal title
    The Electricity Journal
  • Serial Year
    2000
  • Journal title
    The Electricity Journal
  • Record number

    432693