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...

We examine the effects of public ownership and regulatory agency independence on regulatory outcomes in EU telecommunications. We present evidence of political influence over regulatory outcomes, and demonstrate the importance of regulatory independence in ensuring unbiased regulatory policy....

In many countries, infrastructure liberalization progressed faster than the privatization of former state monopolies. Regulatory agencies, established to oversee the transition and safeguard the preconditions for competition, therefore monitor state-owned firms in addition to privately owned...