000			03037nam a22005055i 4500
001			978-3-540-30802-7
003			DE-He213
005			20161121230901.0
007			cr nn 008mamaa
008			100301s2006 gw | s |||| 0|eng d
020			_a9783540308027 _9978-3-540-30802-7
024	7		_a10.1007/3-540-30802-4 _2doi
050		4	_aHF5601-5688
050		4	_aHF5667-5668.252
072		7	_aKF _2bicssc
072		7	_aKFCM _2bicssc
072		7	_aBUS001040 _2bisacsh
072		7	_aBUS001010 _2bisacsh
082	0	4	_a657 _223
100	1		_aPedell, Burkhard. _eauthor.
245	1	0	_aRegulatory Risk and the Cost of Capital _h[electronic resource] : _bDeterminants and Implications for Rate Regulation / _cby Burkhard Pedell.
264		1	_aBerlin, Heidelberg : _bSpringer Berlin Heidelberg, _c2006.
300			_aXI, 221 p. _bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
505	0		_aBasic 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.
520			_aAustrian 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 methods for the determination of the regulatory rate base and the allowed rate of return. Regarding the regulatory rate base, the question of whether market value of capital or book value of assets should be employed and the choice of the depreciation scheme are at the center of the discussion. Specific methodical issues concerning cost of capital assessment for rate-regulated firms are analyzed, i.e. the circularity of rate regulation, the sharing of risks between capital owners and rate payers, the length of the regulatory review period, the regulation of the capital structure as well as the conversion of a post-tax to pre-tax weighted average cost of capital.
650		0	_aBusiness.
650		0	_aAccounting.
650		0	_aBookkeeping.
650		0	_aFinance.
650		0	_aIndustrial organization.
650	1	4	_aBusiness and Management.
650	2	4	_aAccounting/Auditing.
650	2	4	_aFinance, general.
650	2	4	_aIndustrial Organization.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9783540308010
856	4	0	_uhttp://dx.doi.org/10.1007/3-540-30802-4
912			_aZDB-2-SBE
950			_aBusiness and Economics (Springer-11643)
999			_c505389 _d505389