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The Effects of Subsidies on MSW Treatment Companies: Financial Performance and Policy Implications

2022Artigo científico Acesso aberto
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dc.contributor.authorSantos, Eleonora
dc.contributor.authorLisboa, Inês
dc.date.accessioned2022-03-15T10:41:31Z
dc.date.available2022-03-15T10:41:31Z
dc.date.issued2022
dc.description.abstractCompanies that provide public services usually receive subsidies from municipalities as compensation for replacing the latter in their functions as public service providers. However, the managers of those companies are not always interested in maintaining an economically sustainable company, as this implies turning off the tap on exploration subsidies. This article investigates the effect of subsidies on the financial performance of municipal solid waste collection and treatment companies for 2016–2020 and across NUTS II regions. The accounting data of 680 companies retrieved from the SABI database, make it possible to assess the economic sustainability of the companies through financial ratios and operational data. The results show that the financial structure and management of companies in the center, Lisbon, and the Azores allowed to take advantage of exploration subsidies to achieve economic sustainability. In the remaining regions these subsidies proved to be ineffective. These results have implications for managers and policy makers insofar as it sheds a light on the conditions under which subsidies contribute to the economical sustainability of companies in the sector.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationSantos, E.; Lisboa, I. The Effects of Subsidies on MSW Treatment Companies: Financial Performance and Policy Implications. Sustainability 2022, 14, 3076. https://doi.org/10.3390/su14053076pt_PT
dc.identifier.doi10.3390/su14053076pt_PT
dc.identifier.issn2071-1050
dc.identifier.urihttp://hdl.handle.net/10400.8/6773
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.relationCentre of Applied Research in Management and Economics
dc.relation.ispartofseries5;
dc.relation.publisherversionhttps://www.mdpi.com/2071-1050/14/5/3076/htmpt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectEconomic sustainabilitypt_PT
dc.subjectFinancial performancept_PT
dc.subjectMSWpt_PT
dc.subjectSubsidiespt_PT
dc.titleThe Effects of Subsidies on MSW Treatment Companies: Financial Performance and Policy Implicationspt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleCentre of Applied Research in Management and Economics
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04928%2F2020/PT
oaire.citation.endPage3098pt_PT
oaire.citation.startPage3076pt_PT
oaire.citation.titleSustainabilitypt_PT
oaire.citation.volume14pt_PT
oaire.fundingStream6817 - DCRRNI ID
person.familyNameSantos
person.familyNameLisboa
person.givenNameEleonora
person.givenNameInês
person.identifier2201979
person.identifier.ciencia-id321B-D068-1CB4
person.identifier.ciencia-id5510-48F2-54DF
person.identifier.orcid0000-0003-4693-0804
person.identifier.orcid0000-0003-2802-2589
person.identifier.scopus-author-id56903606100
person.identifier.scopus-author-id55582040700
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication68e18938-f060-47d1-b0b8-4ca1f2e47dbe
relation.isAuthorOfPublicationd738c31a-5c43-42ad-8643-e7349164d0e4
relation.isAuthorOfPublication.latestForDiscoveryd738c31a-5c43-42ad-8643-e7349164d0e4
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