Cambini, Carlo2015-05-182022-07-072015-05-182022-07-0720132013https://ir.wgtn.ac.nz/handle/123456789/19284How can the state regulate the firms it also runs? Professor Cambini presents recent evidence based on EU utilities and telecom companies showing the interplay between independent regulation, ownership and political institutions. In particular, he focuses on the effect of ownership on capital structure decisions, firm market value and investment. He also highlights the circumstances in which political interference through firm ownership is most likely to occur and affect regulatory interventions.pdfen-NZPermission to publish research outputs of the New Zealand Institute for the Study of Competition and Regulation has been granted to the Victoria University of Wellington Library. Refer to the permission letter in record: https://ir.wgtn.ac.nz/handle/123456789/18870regulationenergyownershipinvestmentText