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Regulation and privatisation: The case of electricity
Bortolotti, Bernardo; Fantini, Marcella; Siniscalco, … - 1998
This paper sheds some light about privatisation in utilities. An empirical analysis based on sales in the electricity … sector in 38 countries for the period 1977-97 shows that regulation is a crucial institutional variable in privatisation. Not … proceeds reducing regulatory risk. The revenues-efficiency trade-off loses some relevance in electricity privatisation. …
Persistent link: https://www.econbiz.de/10011608438
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Capital Structure and Regulation : Does Ownership Matter?
Bortolotti, Bernardo; Cambini, Carlo; Rondi, Laura; … - 2014
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