Grout, Paul A.; Jenkins, Andrew; Zalewska, Anna - In: Business History 56 (2014) 6, pp. 936-955
This paper analyses the regulatory attitudes to asset valuation in the twentieth century. It focuses in particular on the US experience from <italic>Smith v Ames 169 US 466 (1898)</italic> to <italic>Federal Power Commission v Hope Natural Gas 320 US 591 (</italic><italic>1944</italic>) and on the experience in the UK in last two decades of the...