1. DISCUSSION.
- Author
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HALL, JAMES K.
- Subjects
GAS industry ,ELECTRIC industries ,CRITICISM - Abstract
The article presents a conference paper in response to another paper published in this same issue titled "Financial Management of Gas and Electric Utilities by the Securities and Exchange Commission," by Merwin H. Waterman. The author contends with Waterman's conclusion that the SEC did not prove to have a superior ability to that of private management. The author examines the SEC management more closely, considering their emphasis on balance sheet ratios as opposed to earnings.
- Published
- 1948
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