Tobin’s Q as a market-based measure of firm’s performance and as a proxy for exposure to systematic risk.

• المؤلفون الرئيسيون: Ng, Hao Chieh., Kuik, Zoe Soo Hsien., Chan, Hwa Jiat.
• مؤلفون آخرون: Zhou Jie
• التنسيق: Final Year Project
• اللغة: English
• منشور في: 2009
• الموضوعات: DRNTU::Social sciences::Economic theory::Macroeconomics
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/15006
• المؤسسة: Nanyang Technological University

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...