This dissertation examines with three independent studies the impact of regulatory changes or potential self-regulation on stock returns and equity risk of affected companies. The focus is therefore laid on the the (renewable) energy sector and on the financial industry. Based on the event study...

In the 1990s, European merger regulation (EMR) was biased against foreign acquirers, especially if the deal harmed domestic rivals (i.e., protectionism). In 2002, the Court of First Instance overturned three prohibitions by the European Commission (EC) and criticized its economic analysis. These...