Predicting the Probability of Default for Municipal Water Utilities in Indonesia

Wibowo, Andreas; Alfen, Hans Wilhelm

doi:10.1177/1087724x14558269

Cited by 4 publications

(2 citation statements)

References 40 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Kota-kota besar menghadapi masalah polusi air karena pengaruh urbanisasi, pertumbuhan populasi dan perkembangan ekonomi (Irawan et al, 2014;Luo et al, 2019;Máñez et al, 2012) Peningkatan jumlah penduduk mengakibatkan peningkatan jumlah permintaan akan sumberdaya air (Berhanu et al, 2017), yang jika tidak dikelola dengan baik dapat mengakibatkan kelangkaan (Sun et al, 2017;Wang et al, 2016). Pada kenyataannya, sebagian penduduk dunia belum dapat mengakses air, sehingga tujuan tersebut dijadikan salah satu tujuan dalam target Sustainable Development Goals (SDG's) (Cronin et al, 2017;Fuchs et al, 2015), yakni penyediaan sarana dan prasarana air bersih untuk dapat menjangkau minimal 80% penduduk pada tahun 2025 (Dinas Tata Kota Bangunan dan Pemukiman Kota Tangerang Selatan, 2014; Sesestyo & Laxmi, 2017;Wibowo & Alfen, 2015).…”

Section: Pendahuluanunclassified

Model Pengelolaan Air Bersih di Kecamatan Pamulang, Kota Tangerang Selatan

Harianja¹,

M.Sc²

2020

ecolab

View full text Add to dashboard Cite

Pengelolaan sampah perkotaan telah menjadi permasalahan global dan tidak terkecuali di Kota Bogor. Saat ini sekitar 150-180 ton sampah padat per hari tidak dapat terangkut ke Tempat Pembuangan Akhir (TPA) Galuga dan tersisa di dalam kota Bogor. Pemerintah Kota Bogor telah mengelola sampah padat perkotaannya dengan berlandaskan Undang-Undang Nomor 18/2008 yakni berupaya mereduksi sampah dari sumber terbesar, yaitu rumah tangga permukiman. Dalam upaya mereduksi sampah, pemerintah Kota Bogor telah membentuk Bank Sampah serta menyediakan komposter di perumahan. Terdapat 255 Bank Sampah unit terdaftar di Bank Sampah Induk Berbasis Aparatur (BASIBA) Kota Bogor, namun hanya 43 unit yang aktif dengan total reduksi kurang dari 1% timbulan sampah bulanan. Riset ini bertujuan untuk mengukur persepsi masyarakat terhadap pengolahan sampah melalui Bank Sampah serta memodelkan alternatif skenario yang paling efektif dan memungkinkan untuk mengurangi timbulan sampah padat rumah tangga. Penelitian ini menggunakan analisis korelasi untuk analisis persepsi serta prinsip-prinsip sistem dinamik untuk permodelan. Analisis terhadap 196 sampel responden menunjukkan bahwa bahwa faktor usia dan tingkat pendidikan memiliki dampak paling signifikan dalam partisipasi masyarakat terhadap pengolahan dan mereduksi sampah melalui Bank Sampah. Kombinasi optimasi Bank Sampah dan edukasi terhadap partisipasi masyarakat dalam mereduksi timbulan sampah melalui Bank Sampah diperkirakan dapat mengurangi timbulan sampah tak terangkut sebesar 18% dalam jangka waktu lima tahun.

show abstract

Section: Pendahuluanunclassified

Model Pengelolaan Air Bersih di Kecamatan Pamulang, Kota Tangerang Selatan

Harianja¹,

M.Sc²

2020

ecolab

View full text Add to dashboard Cite

show abstract

“…Wirick et al (1997) proposed a ratio analysis and a discounted cash flow model for evaluation of water utility financial capacity, a model that treats the entire utility as an investment problem; this approach is appropriate because of the capital-intensive nature of water utilities in the United States in particular. Wibowo and Alfen (2015) developed a logistic regression model to predict the probability that Indonesian water utilities would default on their payments to the central government; the authors used two indicators (financial strength and technical efficiency), based on linear combinations of known financial ratios.…”

Section: Introductionmentioning

confidence: 99%

The use of discriminant analysis in the assessment of municipal company's financial health

Yakymova¹,

Kuz²

2019

Economics &Amp; Sociology

View full text Add to dashboard Cite

Decentralization processes in the CEE countries have stimulated the search for measures of financial health of municipal companies that would be comparable and understandable to a broad range of stakeholders. In this study, we have developed a five-factor discriminant model for assessing municipal company's financial health (M-Score model) using data on 50 Ukrainian companies during 2014-2017. The final test sample consisted of 71 companies operating in Bulgaria, Croatia, Czech Republic, Poland, Romania and Ukraine. Our findings can be summarized as follows. First, the empirical model suggests that the equityassets ratio, the current ratio, and the average accounts receivable turnover have both the highest discriminatory power and the greatest impact on the municipal company's financial health. Secondly, we provide convincing evidence that the municipal company's financial health does not depend on the region, but on the nature of its activity and the purpose of enterprise activity. In particular, water and energy utilities are generally financially unhealthy, and out of 45 socalled necessary enterprises, only 12 are classified as financially healthy. The company's M-Score will help managers, lenders, investors, local authorities, and the public to answer the following questions: Can the company avoid financial default? What is its position at the local level? What is its place in the industry?

show abstract

Water consumption and environmental behavior of the residents in Lake Toba water catchment area, North Sumatra, Indonesia

Harianja¹,

Fauzi²,

Saragih³

et al. 2021

IOP Conf. Ser.: Earth Environ. Sci.

View full text Add to dashboard Cite

One of seventeen points of Sustainable Development Goals (SDGs) is to provide clean water for at least 80% of the global population in 2025. Rural populations living surrounding Lake Toba water catchment area still utilize the lake water for daily use regardless of the susceptible decreasing water quality. This paper describes anthropogenic aspects affecting the water quality of Lake Toba that is consumed as the drinking water source by surrounding residents. The research used a quantitative approach by interviewing 130 household representatives from 3 regencies around the lake to calculate the water consumption and evaluate the water quality in 2018. In addition, this research also assessed the residents' behavior in managing household waste and wastewater. The result showed that the average water consumption is 86,93L/person/day. The majority of the respondents barely treat the water and feel satisfied with the water quality based on its color, turbidity, taste, and odor. On the contrary, the respondents have not adequately treated their domestic waste and household wastewater before being released to the lake, contributing to water pollution. Although most respondents are satisfied with the water quality, it is still needed to perform proper water treatment because the water quality of Lake Toba is reported as slightly up to heavily polluted by the Ministry of Environment and Forestry in 2019.

show abstract

Predicting the Probability of Default for Municipal Water Utilities in Indonesia

Cited by 4 publications

References 40 publications

Model Pengelolaan Air Bersih di Kecamatan Pamulang, Kota Tangerang Selatan

Model Pengelolaan Air Bersih di Kecamatan Pamulang, Kota Tangerang Selatan

The use of discriminant analysis in the assessment of municipal company's financial health

Water consumption and environmental behavior of the residents in Lake Toba water catchment area, North Sumatra, Indonesia

Contact Info

Product

Resources

About