Browsing Working Papers by Author "RONDI, Laura"

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Title: Independence, Investment and Political Interference: Evidence from the European Union Author(s): CAMBINI, Carlo; RONDI, Laura Date: 2011-07-07 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: This paper examines the implications of “modern” regulatory governance - i.e. the inception of Independent Regulatory Authorities (IRAs) - for the investment decisions of a large sample of EU publicly traded regulated ...
Title: Regulatory Independence, Ownership and Firm Value: The Role of Political Institutions Author(s): BORTOLOTTI, Bernardo; CAMBINI, Carlo; RONDI, Laura Date: 2011-07-01 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: We study the effect of the establishment of independent regulatory agencies on the market-to-book ratios of publicly traded European regulated firms observed from 1994 to 2005. We find that independent regulation in ...
Title: Access Regulation, Financial Structure and Investment in Vertically Integrated Utilities:Evidence from EU Telecoms Author(s): CAMBINI, Carlo; RONDI, Laura Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: We examine theoretically and empirically the relationship between access regulation, financial structure and investment decisions in network industries, analyzing if financial variables can be used as a strategic device ...

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