Regulatory Risk and the Cost of Capital Determinants and Implications for Rate Regulation /

• Main Author: Pedell, Burkhard (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2006.
• Subjects: Business.; Accounting.; Bookkeeping.; Finance.; Industrial organization.; Business and Management.; Accounting/Auditing.; Finance, general.; Industrial Organization.

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...

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.