𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Restructuring and the market-to-book ratio

✍ Scribed by Kenneth R. Meyer

Publisher
Elsevier Science
Year
1997
Tongue
English
Weight
942 KB
Volume
10
Category
Article
ISSN
1040-6190

No coin nor oath required. For personal study only.

✦ Synopsis

Restructuring and the Market-to-Book Ratio

It's time for a vigorous debate on the role of the market-to-book ratio in balancing interests of utility shareholders and customers. All parties and the cause of consistency in regulation would be better served if MBR were used as a basis for decisions involving stranded assets, performance-based ratemaking, and allocation of merger benefits.

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