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Browsing Working Papers by Author "RONDI, Laura"
Now showing items 1-3 of 3
Title:Independence, Investment and Political Interference: Evidence from the European Union
Author(s):CAMBINI, Carlo; RONDI, LauraDate:2011-07-07Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract: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, LauraDate:2011-07-01Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract: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, LauraDate:2009Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract: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 ...