Purpose Considering the increased financial responsibility of local government (LG), the
impact of global crises and the growing adoption of accrual accounting and common …

Recent disasters and growing concerns about climate change have spurred calls for cities to
retreat from and avoid developing in coastal areas. Instead, cities have doubled down on …

In this paper we analyze the predictability of the bankruptcy of 7795 Italian municipalities in
the period 2009–2016. The prediction task is extremely hard due to the small number of …

The outbreak of the coronavirus pandemic has raised a considerable alarm about issues of
public health and safety. The response to the outbreak, however, has also brought concern …

Purpose Identifying tools for predicting fiscally distressed local governments has received
heightened attention following the Great Recession of 2007–2009. Despite the recent …

Public managers and organizations are often encouraged to take a proactive role in finding
solutions to the challenges that face their communities. These challenges require meeting …

Drawing on crisis management and organizational resilience literature, this study adopts a
firm's capability-based perspective of organizational resilience to examine how different sets …

Many states possess the authority to intervene in local fiscal emergencies, in some cases
curtailing decision‐making powers of local officials through the appointment of an …

How does revenue diversification shape the budgetary solvency of city governments?
Previous studies informed by the public choice/fiscal illusion perspective suggest that …

Stabilizing local governments' expenditures over time is essential to ensure the continuity of
public service provision. However, there is little agreement on the managerial determinants …