"The accounting systems of all levels of government in Europe have undergone substantial changes during the last twenty years, which have not always been communicated outside country boundaries in a timely manner. This book answers that shortcoming. With contributions by 25 leading researchers,...

Based on published financial data, the paper aims to identify a new way to prevent financial distress in Italian Local Governments. By applying a set of key indicators, we can discriminate local governments with financial equilibrium from the ones presenting financial problems. The model is...