Modern Regulatory Finance: Utilities Cost of Capital
Modern Regulatory Finance is an update to the invaluable text The New Regulatory Finance. A number of changes have happened since the release of the previous book and Dr. Roger Morin has decided to create an updated text for economists, accountants, CFOs, attorneys, regulators, or anyone involved in capital-related decisions. Dr. Morin is a preeminent professor of finance who has testified on corporate finance and cost-of-capital issues before numerous regulatory agencies, the book reflects on more recent changes in the utility industry and their associated impacts on capital markets.
Modern Regulatory Finance tackles the task of taking often-complex subject matter and transforms it into terms more easily understood. Helping to take the mystery out of estimating a company's cost of capital and deriving an optimal capital structure.
Areas covered will still include: Rate of Return Regulation, Risk and Return, Risk Estimation in Practice, Discounted Cash Flows, DCF Application, Floatation Cost Adjustment, Alternative DCF Models, DCF Applications and Comparable Groups, Reflection on Cost of Capital Methodology, Market-to-Book And Q-Ratios, Risk Premium, Capital Asset Pricing Model, CAPM Extensions, Divisional Cost of Capital and CAPM Applications, Arbitrage Pricing Model, Comparable Earnings, Weighted Average Cost of Capital, Capital Structure Issues, Optimal Capital Structure, Double Leverage, Alternative Regulatory Frameworks, with a focus on what has been, and is being done to change the thinking in this space, as well as the creation and implementation of New Models and much more.
Details and Features:
AUTHOR: ROGER MORIN
AVAILABILITY: This title will ship upon publishing date. SHIPS AUGUST 2021!
7 x 10 inches