Results 181 to 190 of about 8,359 (234)

Market power and systematic risk: an empirical analysis using Tobin's q ratio

open access: closedJournal of Economics and Business, 1987
Abstract This paper makes use of the q ratio to investigate empirically whether market power reduces a firm's systematic risk and its cost of equity capital. Specifically, beta is regressed on q and other variables that can be expected to explain variation in beta among firms. The analysis is conducted for a sample of 187 U.S.
Gilles Bernier
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Tobin's $q$ Ratio and Industrial Organization

open access: closedThe Journal of Business, 1981
Eric B. Lindenberg, Stephen A. Ross
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THE RELATIONSHIP BETWEEN SECURITIES YIELDS, FIRM SIZE, EARNINGS/PRICE RATIOS AND TOBIN'Sq

open access: closedJournal of Business Finance & Accounting, 1994
Several studies in financial economics have found a positive relationship between stock returns and firm size. This relationship persists even after controlling for various measures of risk. There is also a well documented inverse relationship between stock returns and the Price/Earnings (P/E) ratio.
S. G. Badrinath, Omesh Kini
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Patent value and the Tobin’s q ratio in media services

The Journal of Technology Transfer, 2017
Changes in a firm’s backward-dispersion patent-citation score are a useful, non-financial indicator of patent value that is positively-related to Tobin’s q. V-scores, which analyze content patterns between patents’ technological-class codes and those of their antecedents, provide contemporaneous information for investors to assess firms’ economic ...
Harrigan, Kathryn Rudie   +2 more
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Performance Measurement with Tobin Q Ratio in Paper and Paper Products Industry

2021
The ability of investors to make the right decisions among their investment choices and to reach the expected financial success level is closely related to the measurement of the financial performance of companies. Tobin Q, which is widely used in financial performance measurement, is accepted as an indicator of the future performance of companies.
AKYÜZ, Kadri Cemil, YILDIRIM, İbrahim
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An Empirical study on Tobin`s q-ratio

2020
ABSTRACT In this thesis, the q-ratios of 66 firms in the İstanbul Stock Exchange are calculated using the methods described by Lindenberg & Ross ( 1981 ). These q-ratios, which represent the ratios of market values to replacement values, are then statistically related to financial values such as debt / equity ratio, profit / paid capital ratios and
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Do price-earnings ratios explain investment decisions better than Tobin’sq? Evidence from German firm-level data

Applied Economics, 2016
ABSTRACTThis article tests the additional information content of price-earnings ratios, with respect to Tobin’s q, in explaining firms’ investment behaviour. While Tobin’s q describes the expected future earnings related to those projected by the book value, the price-earnings ratio compares future growth of earnings based on the projection of current ...
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Portfolio Allocation, Liquidity-Preference and the q Ratio: A Reassessment of the Contributions of Tobin and Kahn

Review of Political Economy, 2012
This paper compares the implications of Tobin's q theory and Kahn's Post-Keynesian monetary analysis for monetary policy formulation.
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