Tobin's Q
Functional Form in Regression Models of Tobin s q
... The use of market value rather than accounting-based measures of profitability has become widespread in empirical analyses of firm profitability. The most widely used measure has been Tobin’s q, defined as the ...
13
A Post-Keynesian Theory for Tobin s q in a Stock-Flow. Consistent Framework. Javier López Bernardo, Engelbert Stockhammer and Félix López Martínez
... Tobin’s q behaviour in the long ...for q. The core of the ‘Kaldorian q theory’ is a negative long-run relation between q and growth rates, a negative relation between q and propensities ...
32
Tobin's q and Iron and Steel Companies: a study of Brazilian and North-American open companies
... el q de Tobin, aún son incipientes en la literatura ...del q de Tobin en las compañías siderúrgicas brasileñas y norteamericanas, con acciones negociadas en BOVESPA y en NYSE y presentar un ...
15
The impact of leverage on firm investment : evidence from Dutch listed firms
... Table 1 shows the descriptive statistics and financial data for the sample that is going to be analyzed. The observations are normally distributed and outliers are filtered out of the data. The mean of net investment to ...
6
Hubungan antara Indikator Mikro dan Makro terhadap Nilai Buku dan Harga Pasar Saham Perusahaan
... ini Tobin mengusulkan untuk membandingkan Market Value dengan Book Value sehingga menghasilkan Tobin’s Q-Ratio (White et al , 2003, Penman, ...beliau Q-Ratio dihitung dengan membandingkan Market ...
40
Bank level stability factors and consumer confidence – a comparative study of Islamic and conventional banks’ product mix
... Tobin’s Q (Tobin, 1969), Q gives the summary of available and pertinent information about the future for bank’s investment ...decision. Q implies that: a unit increase in the firm’s capital ...
34
Impact of Ownership Structure on Firm Performance in the MENA Region: An Empirical Study
... study the relation between ownership structure and firm performance proxied by Tobin’s Q, ROA and ROE. The relation between ownership structure and firm performance is related to the “agency problem.” Agency ...
11
Marginal Q, Tomin´s Q, Cash Flow and Investment
... (Tobin’s) q. We have employed our own measure of marginal q, but for Tobin’s q we have chosen one of the many measures others have used, namely firm market value divided by total ...of q may ...
38
Executive pay and performance: The moderating effect of CEO power and governance structure
... We classify our variables into seven main types and full definitions of all the variables used are presented in Table 3. First, and following a well-established line of research (Murphy, 1985; Jensen & Murphy, 1990; ...
48
Corporate derivatives use and firm value: Evidence from Turkey
... We examine annual reports and collect the derivatives use data of 1905 year-firm observations. Our sample consists of all non-financial Turkish firms that have 7 years non-missing data during the sample period. There are ...
13
Influence of capital structure on firm´s financial performance : an inter industry investigation of German listed firms
... and Tobin`s Q have been ...2015). Tobin`s Q is a market ratio that reflects past events and future market expectations and was used in several studies (Tian and Zeitun, 2007; Lin ...
15
Effects of Tobin taxes in minority game markets
... In brief, our main result is that within the picture of the MG model a small tax decreases volatility whenever a finite market exhibits anomalous fluctuations. Indeed the fundamental effect of the tax is to draw the ...
15
Factoring N=p^r q^s for Large r and s
... r q s was explicitly left as an open ...r q s can also be factored in polynomial time for large r and/or s; this gives a new class of integers that can be factored ...
20
Alm. Brand A/S Q Conference Call
... preparation of the last published financial report, and the company assumes no obligation to update these statements, whether as a result of new information, future events, or otherwis[r] ...
26
Discrete Q- and P-symbols for spin s
... Takedown If you consider content in White Rose Research Online to be in breach of UK law, please notify us by emailing [email protected] including the URL of the record and the rea[r] ...
7
LDA Based Similarity Modeling for Question Answering
... In an analogical way to the deep learning meth- ods, we discover relations between the q/a pairs based on the similarities on their latent topics dis- covered via Bayesian probabilistic approach. We in- vestigate ...
9
Approximation by $(p,q)$-Lupac{s} Stancu Operators
... They studied two different techniques as de-Casteljau’s algorithm and Korovkin’s type approximation properties [17]: de-Casteljau’s algorithm and related results of degree elevation reduction for B`ezier curves and ...
18
Analysis of a Multiple Year Gas Sales Agreement with Make-up, Carry Forward and Indexation
... Let q ∗ S, I, Q, C, M, t and V S, I, Q, C, M, t be the optimal exercise decision and the contract value respectively where the gas price equals S, the index equals I, the period to date [r] ...
39
Probablistic convergence spaces and regularity
... We will usually write q q,, where it is understood that ft ranges through I; the q,,’s are called the "component convergence structures." If q q, where each qu is a limit structure respe[r] ...
10
Common Law Actions on the Margin Rosemary Tobin
... it is now accepted by medical science that recognisable and severe physical damage to the human body and system may be caused by the impact, through the senses, of external events on[r] ...
13