Certain regulatory and efficiency issues of public utility companies in Budapest
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DOIhttp://dx.doi.org/10.21511/pmf.09(1).2020.02
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Article InfoVolume 9 2020, Issue #1, pp. 14-24
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Capital cities of the world are usually characterized by a concentration of the majority of the population and most of the public administration and economic life. Therefore, the efficiency and quality of public service delivery in their administrative territories make a difference. The study examines public service companies in Budapest, Hungary’s capital, with the focus on their sectors of activity to describe their system, which may provide good foundations for a prospective international comparison.
This study explores sector-oriented reports of state- and municipally-owned public utility companies providing services within the administrative territory of Budapest and evaluates them in terms of total assets, finance, profitability and efficiency. The study looked for an answer to the question of how the tighter state regulation and control adopted after 2010 affected their management, and what influence the price regulation of consumer public utility charges, imposed since 2013, had on companies’ activities.
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JEL Classification (Paper profile tab)G32, H72, H83
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References24
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Tables4
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Figures1
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- Figure 1. Indicators of operational difficulties
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- Table 1. Changes in the financial situation of corporations examined in 2011, 2015 and 2018 (data are in numerical values)
- Table 2. Changes in the asset situation of corporations examined in 2011, 2015 and 2018 (data are in numerical values)
- Table 3. Changes in the profitability and efficiency of corporations examined in 2011, 2015 and 2018 (data are in numerical values)
- Table 4. Changes in profit (loss) after tax and net revenues of corporations examined in 2011, 2015 and 2018 (data are in percentages)
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