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Regulation, renegotiation and capital structure : theory and evidence from Latin American transport concessions (英语)

摘要

The paper examines the capital structure of regulated infrastructure firms. The authors develop a model showing that leverage, the ratio of liabilities to assets, is lower under high-powered regulation and that firms operating under high-powered regulation... 更多显示

详细

  • Moore, Alexander; Straub, Stephane; Dethier, Jean-Jacques;
  • 2013/10/01
  • 政策研究工作报告
  • WPS6646
  • 1
  • 1
  • 哥伦比亚巴西智利秘鲁
  • 拉丁美洲与加勒比
  • 2013/10/01
  • Disclosed
  • Regulation, renegotiation and capital structure : theory and evidence from Latin American transport concessions
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