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:
    title: Regulatory Risk and the Cost of Capital
    sub title: Determinants and Implications for Rate Regulation
  name:
    name part: Pedell, Burkhard.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2006
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XI, 221 p. online resource.
  abstract: Austrian Controller Award 2005 This book develops a comprehensive concept of regulatory risk integrating existing theoretical and empirical research. The focus is on explaining how the design of the regulatory system influences the risk of a rate-regulated firm, as well as on elaborating appropriate methods for the determination of the regulatory rate base and the allowed rate of return. Regarding the regulatory rate base, the question of whether market value of capital or book value of assets should be employed and the choice of the depreciation scheme are at the center of the discussion. Specific methodical issues concerning cost of capital assessment for rate-regulated firms are analyzed, i.e. the circularity of rate regulation, the sharing of risks between capital owners and rate payers, the length of the regulatory review period, the regulation of the capital structure as well as the conversion of a post-tax to pre-tax weighted average cost of capital.
  table of contents: Basic Elements for a Comprehensive Concept of Regulatory Risk — Models, Objectives, Process, Cost Concepts and Types of Rate Regulation -- Impact of Rate Regulation on the Risk of a Regulated Firm -- Development of a Regulatory Control Panel — Analysis of Individual Variables of Rate Regulation as Determinants of Regulatory Risk -- Determination of the Regulatory Rate Base -- Market-Based Assessment of the Cost of Capital for a Rate-Regulated Firm -- Conclusions.
  note: by Burkhard Pedell.
  subject:
    topic: Business
  subject:
    topic: Accounting
  subject:
    topic: Bookkeeping
  subject:
    topic: Finance
  subject:
    topic: Industrial organization
  subject:
    topic: Business and Management
  subject:
    topic: Accounting/Auditing
  subject:
    topic: Finance, general
  subject:
    topic: Industrial Organization
  classification: HF5601-5688
  classification: HF5667-5668.252
  classification: 657
  related item:
    title info:
      title: Springer eBooks
  identifier: 9783540308027
  identifier: http://dx.doi.org/10.1007/3-540-30802-4
  record info:
    record creation date: 100301
    record change date: 20151204154617.0
    record identifier: 978-3-540-30802-7