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

Published online by Cambridge University Press:  19 October 2009

Charles M. Linke  and
J. Kenton Zumwalt
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Extract

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.

Type
Abstracts of Conference Papers: Empirical Studies in Financial Management
Information
Journal of Financial and Quantitative Analysis , Volume 12 , Issue 4 , November 1977 , pp. 653
Copyright
Copyright © School of Business Administration, University of Washington 1977

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