Open AccessIs Capital Investment Indeed Not Affected by the Market Cost of Capital in the Regulated Energy and Utility Industry? A Reexamination of the Averch-Johnson Model
Author(s) -
Ken Hung,
Hui Cheng,
Ching Wen,
Shih-Shen Chen
Publication year - 2015
Publication title -
international journal of financial research
Language(s) - English
Resource type - Journals
eISSN - 1923-4031
pISSN - 1923-4023
DOI - 10.5430/ijfr.v7n1p167
Subject(s) - cost of capital , economics , return of capital , capital (architecture) , investment (military) , monopoly , physical capital , return on capital , rate of return , monetary economics , microeconomics , return on investment , financial capital , market economy , capital formation , production (economics) , finance , investment performance , human capital , profit (economics) , archaeology , politics , political science , law , history