This book delves into the fascinating world of the regulated electric utility industry, exploring the factors that influence systematic risk and the cost of capital for these companies. The author's work examines this subject in the context of the 1960s and 1970s, a period marked by significant economic and regulatory shifts. By applying the Capital Asset Pricing Model (CAPM), a tool of financial theory that models market equilibrium under risk, the author unravels the complex interplay between financial, regulatory, and industry-specific variables that determine the cost of capital for electric utilities. The book meticulously investigates the impact of accounting practices, regulatory constraints, economic conditions, and investor expectations on the industry's risk profile. Ultimately, this insightful analysis reveals the crucial role that regulatory policy plays in shaping the performance of the electric utility industry, highlighting the delicate balancing act regulators must undertake to ensure fair market conditions while safeguarding consumer interests.
"synopsis" may belong to another edition of this title.
Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book delves into the fascinating world of the regulated electric utility industry, exploring the factors that influence systematic risk and the cost of capital for these companies. The author's work examines this subject in the context of the 1960s and 1970s, a period marked by significant economic and regulatory shifts. By applying the Capital Asset Pricing Model (CAPM), a tool of financial theory that models market equilibrium under risk, the author unravels the complex interplay between financial, regulatory, and industry-specific variables that determine the cost of capital for electric utilities. The book meticulously investigates the impact of accounting practices, regulatory constraints, economic conditions, and investor expectations on the industry's risk profile. Ultimately, this insightful analysis reveals the crucial role that regulatory policy plays in shaping the performance of the electric utility industry, highlighting the delicate balancing act regulators must undertake to ensure fair market conditions while safeguarding consumer interests. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781332258192_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332258192
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332258192
Quantity: 15 available
Seller: AHA-BUCH GmbH, Einbeck, Germany
Taschenbuch. Condition: Neu. Neuware. Seller Inventory # 9781332258192
Quantity: 2 available
Seller: Buchpark, Trebbin, Germany
Condition: Sehr gut. Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Seller Inventory # 26073715/2
Quantity: 1 available