Some Thoughts on Estimating the Cost of Common Equity for a Regulated Business
The Electricity Journal
While mathematical models are useful in establishing a zone of reasonableness for a determination of allowed return on equity, it is important to consider the results of several models. Also key is to consider whether the analysis appropriately reflects longer-term market conditions.
J. Robert Malko, Philip R. Swensen, and Joseph A. Monteleone, “Some Thoughts on Estimating the Cost of Common Equity for a Regulated Business,” appears in The Electricity Journal, Volume 20, Issue 5, June 2007.