Electric utility income in response to the breakdown at Three Mile Island Nuclear Power Plant and subsequent political events

Article Abstract:

Adverse political climates do not necessarily cause firms to adjust their incomes in the hopes of avoiding regulatory action. A study made of electric utilities accounts after Three Mile Island indicates that utilities with connections to nuclear power plants did not, in accordance with generally accepted accounting principles, choose to report lower income than those without such ties. This contradicts the political-cost hypothesis (PCH). The general applicability of the PCH must be examined to determine when income is perceived as a political liability.

Electric services, Electric utilities, Accidents, Nuclear power plants, Three Mile Island Nuclear Station

---

Regulatory cost effects in a good news environment: the intra-industry reaction to the Alaskan oil spill

Article Abstract:

A study was conducted to analyze market returns for petroleum companies other than Exxon during the 15 trading days that followed the Alaskan oil spill resulting from the grounding of the Exxon Valdez. Results indicated that the threat of increased regulatory costs significantly affected firm values. Findings also showed that companies with few extensive prior environmental disclosure had less positive market reaction.

PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Analysis, Petroleum industry, Alaska, Exxon Valdez Oil Spill Disaster, 1989, Oil spills

---

The economic consequences of regulatory accounting in the nuclear power industry: Market reaction to plant abandonments

Article Abstract:

Regulatory accounting in the nuclear power industry and its economic consequences, are examined.

Accounting and auditing, Nuclear industry

Similar abstracts:

• Abstracts: How to choose conference sites. Snag the eye to bag a new customer; simple, clear graphics and messages are key to successful booths
• Abstracts: A crisis of credibility? Polish crisis that needs Western solidarity. Crisis, what crisis?
• Abstracts: Structure or agency? Discourse or meta-narrative?: Explaining the emergence of the financial management initiative
• Abstracts: The biggest kid on the dock. Department oblivious to profusion of Bioagent Labs, IG warns. New computer net would connect terror dots
• Abstracts: Settling foreign investment disputes via ICSID. The effect of corporate diversification and business unit strategy on the presence of slack in business unit budgets

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.