Buckland, Roger; Williams, Julian; Beecher, Janice - In: Journal of Regulatory Economics 47 (2015) 2, pp. 117-145
<Para ID="Par1">This paper addresses a core issue for the regulated utility: what are the risks taken by investors in companies that supply a product whose supply is regulated? Prior research on returns of regulated water supply and distribution companies concluded that regulation interacts significantly with...</para>