Showing 71 - 80 of 108
We construct a comprehensive panel data of 96 publicly traded European utilities over the period 1994-2005 in order to study the relationship between the capital structure of regulated firms, regulated prices, and investments, and examine if and how this interaction is affected by ownership...
Persistent link: https://www.econbiz.de/10014223408
Persistent link: https://www.econbiz.de/10013391587
firms as well as the impact of different regulatory schemes -- incentive vs. cost-based regulation -- on CEO monetary … schemes, our results show that pay-performance sensitivity is significantly higher for firms under incentive regulation than … within firms under cost-based regulation. This result holds after controlling for firm -- private vs. state -- ownership and …
Persistent link: https://www.econbiz.de/10013061911
successful text provides a multi-disciplinary introduction to key debates in regulation, including fundamental and institutional … Why Regulate? -- 3 What is 'Good' Regulation? -- 4 Explaining Regulation -- 5 Regulatory Failure -- 6 Regulating Risks … -- PART II: STRATEGIES -- 7 Regulatory Strategies -- 8 Self-regulation, Meta-regulation, and Regulatory Networks -- 9 …
Persistent link: https://www.econbiz.de/10014292692
Why regulate -- Explaining regulation -- Regulatory strategies -- Who regulates? Institutions and structures -- What is … 'good' regulation? -- The cost-benefit testing of regulation -- Enforcing regulation -- Setting standards -- Self-regulation … -- Regulating risks -- Regulation in the European context -- Regulatory competition and coordination -- British utilities regulation …
Persistent link: https://www.econbiz.de/10000673818
We construct a comprehensive panel data of 96 publicly traded European utilities over the period 1994-2005 in order to study the relationship between the capital structure of regulated firms, regulated prices, and investments, and examine if and how this interaction is affected by ownership...
Persistent link: https://www.econbiz.de/10010312393
Persistent link: https://www.econbiz.de/10009654899
In this paper we study the effects of the changes in the level of product market regulation on the industry …&D budgets and EPO patent applications from IEA and Eurostat Databases and indexes of market regulation conditions from OECD, in … of market regulation intensity is based on the aggregation of three factors that capture respectively entry barriers …
Persistent link: https://www.econbiz.de/10011148658
We develop a model that examines the capital structure and investment decisions of regulated firms in a setting that incorporates two key institutional features of the public utilities sector in many countries: firms are partially owned by the state and regulators are not necessarily...
Persistent link: https://www.econbiz.de/10009209829
structures. The investment return in terms of demand increase is uncertain. We compare the impact of different access regulation … regimes – full regulation, partial regulation (only the copper network is regulated), risk sharing – on investment incentives …
Persistent link: https://www.econbiz.de/10010595118