Stock-price reaction to equity issues of
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Greg Filbeck; Raymond F. Gorman; Gautam Vora
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Article
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1997
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John Wiley and Sons
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English
โ 123 KB
Regulation of public utilities is pervasive in any modern economy. Regulation is designed to overcome the deficiencies of market discipline. The decisions of a regulatory agency have impacts for all parties concerned, namely, consumers, management, investors, and community. The economic impact of a