Tobin’s Q as a market-based measure of firm’s performance and as a proxy for exposure to systematic risk.
Since its introduction in 1969, the q ratio has been used to explain a wide variety of phenomena. It has increasingly been used as a financial-market measure of firm’s performance, and also a measure of a firm’s intangible value. In this paper, we use Tobin’s q as a financial market-based measure of...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2009
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/15006 |