Required Rate of Return for Equity Capital under Conditions of Growth and Consideration of Regulatory Lag

Howard E. Thompson and Lionel W. Thatcher

Land Economics, 1973, vol. 49, issue 2, 148-162

Abstract: The purpose of this study is to extend the empirical analysis of Thompson (1979) to generate individual company costs of equity capital from statistical analysis of cross-sectional industry data. The paper uses a new random coefficients regression ...

Date: 1973
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