Abstract: Nuclear Power and Electric Utility Capital Costs: The Announcement Effect

Charles M. Linke and J. Kenton Zumwalt

Journal of Financial and Quantitative Analysis, 1977, vol. 12, issue 4, 653-653

Abstract: This study examines the observable impact an electric utility's announcement of its decision to invest in nuclear power has upon stockholders' expected returns. The response of shareholders is examined via residual analysis and by a dummy variable switching regression technique.

Date: 1977
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