Governing Risk and also the Cost of Capital: Determinants and also Implications for Rate Regulation Austrian Controller Award 2005 This publication creates a thorough idea of regulative danger incorporating existing empirical as well as academic study. The emphasis is on discussing exactly how the style of the regulative system affects the danger of a rate-regulated company, as well as on specifying proper approaches for the resolution of the regulative price base as well as the permitted price of return. Relating to the regulative price base, the concern of whether market worth of resources or publication worth of properties must be used and also the selection of the devaluation plan are at the facility of the conversation.