Financial pressures, regulatory reform, and sectoral restructuring are requiring water utilities
to move from technically inclined, risk-averse management approaches toward more …

Abstract After the ten Regional Water Authorities (RWAs) of England and Wales were
privatized in November 1989, the successor Water and Sewerage Companies (WASCs) …

A better understanding of corporate strategy under regulatory uncertainty enables policy
makers to improve policy making efficiency and enhance regulations' effectiveness. Based …

This study critically examines the evidence on private-sector water investment over the past
24 years. It provides a basis on which future research can consider how global water …

Benchmarking of electricity networks has a key role in sharing the benefits of efficiency
improvements with consumers and ensuring regulated companies earn a fair return on their …

The impact of environmental regulation on the French stock market is investigated by using
event study methodology and asset pricing models. The impact of environmental regulation …

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 …

To establish price caps, regulators must determine appropriate returns for utilities' capital
employed. This paper uses the techniques of the Kalman Filter to estimate daily betas for the …

This paper investigates the effects of regulation pertaining to information disclosure on the
Vietnam stock market. Using the event study methodology, we examine sectoral reactions, in …

UK utilities are generally regulated by the periodic setting of a price cap (the RPI‐X
mechanism). To establish these caps, regulators must determine what returns are …