9781333341664 - Valuation of Public Service Corporations: Legal and Economic Phases of Valuation for Rate Making and Public Purchase (Classic Reprint) de Whitten, Robert H. (3 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book explores the valuation of public service corporations. The author posits that different meanings of the term "value" can be used for different purposes: tax, rate, or purchase. However, the author argues that value in exchange should remain the constant regardless of purpose. The book provides a discussion of the various court decisions on the subject, and it concludes that value for rate purposes must be based on the original cost of construction less depreciation, plus a reasonable allowance for going concern value. The book also discusses the relationship between capitalization and fair value, and it concludes that capitalization should not be used as the sole basis for determining fair value. The book provides a valuable overview of the complex and controversial issue of the valuation of public service corporations, and it offers a number of insights that will be of interest to policymakers, regulators, and utility executives. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.