regulation for utilities firms has made the task of setting an adequate cost of equity more difficult. Firstly, Legal Unbundling … regulation schemes has reinforced the importance of setting the equity return adequately. The approaches chosen by regulatory …

regulator Ofgem replaced its approach to energy network price control and incentive regulation with a Revenue … regulation model that be revised by the regulator. The lessons of experience from the RIIO models are also relevant for … regulators in other countries and can inform their design of incentive regulation of energy networks. …

changes to banking activities. We find rather than regulation inducing changes to the rate at which unchanged risk exposure is … capital is largely unchanged. A consequence of regulation may be to encourage the migration of riskier activities to …

With the introduction of incentive regulation in many network industries, different approaches how to remunerate … invested capital have been used. Under incentive regulation, many regulators remunerate the regulated asset base with a ….e. finding the right balance between equity financing and debt. Taggert (1981) shows that rate-of-return regulation creates an …

effects of liquidity regulations, resolution regimes and counter-cyclical capital buffers, and the impact of regulation on …