rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: The
    title: effect of firm objectives on relative efficiency in the electric utility industry
  name:
    name part: Crafton, Christine Gerencser.
    role:
      role term: creator
  name:
    name part: Fraser, Donald R.
    role:
      role term: degree committee member.
  name:
    name part: Saving, Thomas R.
    role:
      role term: degree supervisor.
  name:
    name part: Texas A & M University
    role:
      role term: degree granting institution.
  type of resource: text
  genre: bibliography
  genre: Academic theses.
  origin info:
    place:
      place term: txu
    date issued: 1979
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: print
    extent: ix, 175 leaves : graphs ; 29 cm
  abstract: Previous research by economists in the area of regulation has been primarily concerned with the effects of rate of return regulation on the firm's price and output decisions. This has proven to be inadequate in assisting regulators in determining if firm management ought to be responsible for production at minimum cost. The research reported here had as its objective the investigation of firm expenditures and relative firm efficiency. By selecting a regulatory environment which effectively depicts the existing environment, this research has attempted to examine management objectives by investigating the specific expense categories in which over- or underinvestment is likely to occur. The analysis departs from previous research in that it focuses upon those aspects of firm decision making which are effectively within the control of firm management. The research methodology permitted the classification of privately-owned electric utility companies into groups representing different levels of relative efficiency. A composite management objective function was formulated for each of four years investigated. Included in the extracted function were financial and engineering ratios characterizing those areas of firm operation which are critical to a company's relative efficiency classification. The hypothesis that an electric utility company's authorized return represents a mark-up on variable as well as fixed costs involved in the supply of electrical service was supported empirically. It was further concluded that the group of relatively efficient firms has been more successful in maximizing profits and are more concerned on the average with customer service or good will. ...
  note: Vita.
  note: Texas A & M University
  note: Includes bibliographical references (leaves 117-120).
  subject:
    topic: Electric utilities
    topic: Management
  subject:
    topic: Industrial efficiency
  subject:
    topic: Major economics
  identifier: http://proxy.library.tamu.edu/login
  identifier: https://hdl.handle.net/1969.1/DISSERTATIONS-189024
  related item:
    location:
      url: http://proxy.library.tamu.edu/login
  related item:
    location:
      url: https://hdl.handle.net/1969.1/DISSERTATIONS-189024
  record info:
    record content source: TXA
    record creation date: 791219
    record change date: 20220104090547.0
    record identifier: in00000175583
    language of cataloging:
      language term: eng