Template-Type: ReDIF-Article 1.0
Author-Name:  Wallace N. Davidson, III 
Author-Name:  John L. Glascock
Title:  Rate-of-Return Attrition and Inflation-Induced Penalties in Public Utility Common Stocks
Classification-JEL: F0
Pages:  65-72
Volume:  Volume 5
Issue:  Number 4
Year:  1984
Abstract:  While the rate of inflation seems to be easing, the interest in its impact on corporate security prices (Feldstein, 1980) and on corporate investment policy (Caks, 1981; Higgins, 1977) has continued. Unlike nonregulated firms, utilities face the added difficulties of regulation-induced inflation penalties and return on equity (ROE) attrition.
Handle: RePEc:aen:journl:1984v05-04-a06
File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=1668
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