關於 tobin's q ，我們在網路上蒐集到這些相關的討論、資訊與評價

#11. Q Ratio (Tobin's Q) - Explained - The Business Professor, LLC

The Tobins Q ratio expresses the relationship between the intrinsic value of a physical asset and its market valuation. With this ratio, one can ...

#12. Tobin's Q (approximate) - TradingView

Tobin's Q -ratio is the ratio of the market value of a company's assets (computed as the sum of the market value of its debt and equity securities) to the ...

#13. Tobin's q | economics | Britannica

Other articles where Tobin's q is discussed: James Tobin: He introduced “Tobin's q,” the ratio of the market value of an asset to its replacement cost.

#14. How to compute Tobin's Q? - ResearchGate

Tobin's q is defined as the ratio between the market value and the replacement cost of an asset. Investment decisions depend on the level of this ratio.

#15. Alternative constructions of Tobin's q: An empirical comparison

Although Tobin's q is an attractive theoretical firm performance measure, its empirical construction is subject to considerable measurement error.

#16. Tobin's+Q與內部人持股關係符合展望理論嗎？－行為財務觀點

Does the Relationship between Tobin's Q and the Shares of Internal Shareholders Correspond with Prospect Theory?-The Behavioral Finance Perspective.

#17. Functional Form in Regression Models of Tobin's q - jstor

widely used measure has been Tobin's q, defined as the market value of the firm divided by the replace- ment costs of assets.1 Most empirical studies ...

#18. Tobin q - 托賓q值 - 國家教育研究院雙語詞彙

Tobin q. 以Tobin q 進行詞彙精確檢索結果. 出處/學術領域, 英文詞彙 ...

#19. Tobin's Q - YCharts

Basic Info. Tobin's Q is the market value of all public companies in the US divided by their replacement cost. Many macroeconomists consider the market ...

#20. The Q Ratio and Market Valuation: October Update - dshort

The Q Ratio is a popular method of estimating the fair value of the stock market developed by Nobel Laureate James Tobin.

#21. Tobin`Q理論_百度百科

Tobin `s Q理論是由諾貝爾經濟學獎獲得者詹姆斯·託賓（James Tobin）於1969年提出的。詹姆斯·託賓把Tobin`s Q定義為企業的市場價值與資本重置成本之比。

#22. What is Tobin's q | IGI Global

What is Tobin's q? Definition of Tobin's q: This ratio measures the firm assets in relation to market value, which is calculated by dividing total market ...

#23. 台灣電子業與非電子業千禧年前後Tobin's q值差異分析

Semantic Scholar extracted view of "台灣電子業與非電子業千禧年前後Tobin's q值差異分析" by 林威宏et al.

#24. The Misuse of Tobin's q - Vanderbilt Law Review

We show that scholars have misused Tobin's q, and we demonstrate empirically why scholarly assumptions about this ratio are flawed, particularly ...

#25. Tobin's q, Economic Rents, and the Optimal Stock of Capital

The correspondence between the demand for capital and various measures of Tobin's q often is tenuous (Abel and Blanchard 1986; Hayashi 1982), at times even ...

#26. Tobin's Q Ratio Definition & Example | InvestingAnswers

When the Tobin's Q ratio is between 0 and 1, it costs more to replace a firm's assets than the firm is worth. A Tobin's Q above 1 means that the firm is worth ...

#27. Tobin's q, RoA, Diversification and Risk - SciPress Ltd

We construct two models with Tobin's q, RoA, Size, Debt, Growth and Standard deviation of stock returns. Analysis of the research models is based on ...

#28. Tobin`Q理論 - 中文百科知識

Tobin `s Q理論是由諾貝爾經濟學獎獲得者詹姆斯·托賓（James Tobin）於1969年提出的。詹姆斯·托賓把Tobin`s Q定義為企業的市場價值與資本重置成本之比。

#29. Tobin's Q and its Determinants: A Study on Huawei ... - SSRN

Tobin's Q can be affected by both the internal and external factors. Tobin's Q is a company's performances indicator, so it is important for ...

#30. Glossary definition : Tobin's Q - Vernimmen.com :

Tobin's Q is a ratio devised by James Tobin of Yale University, Nobel Laureate in Economics, who hypothesised that the combined Market value of all the ...

#31. Tobin's Q Definition | Nasdaq

Browse Terms By Number or Letter: ... Market value of assets divided by replacement value of assets. A Tobin's Q ratio greater than 1 indicates the firm has done ...

#32. Tobin's Q Ratio - Glossary | StatPro - Confluence Technologies

The ratio of market price to replacement cost is known as Tobin's q which was devised by Nobel-prize winning economist James Tobin. A low Q < 1 implies that ...

#33. 六、經濟學名詞解釋 - 阿摩線上測驗

【題組】(三)Tobin's q 投資理論(Tobin's q Theory of Investment) ( 4 分）. 編輯私有筆記及自訂標籤 ... Tobin Q理論公式：q=股票市場價值／廠商建置成本.

#34. Tobin's q and asset returns: Implications for business cycle ...

Tobin's q and asset returns: Implications for business cycle analysis (NBER working paper series) [Christiano, Lawrence J] on Amazon.com.

#35. TOBIN'S Q AND AIRLINE PERFORMANCES - TRID Database

This paper applies Tobin's q, a financial market-based measure of firm values, as the primary measure in studying the performance of the global airline ...

#36. Tobin's q, or The Q Ratio - Network for Business Sustainability

Tobin's q is viewed as a snapshot of a firm's financial performance: how much would it cost to replace a company's total assets vs. how much it ...

#37. THE TOBIN Q AS A COMPANY PERFORMANCE INDICATOR

Various economic indicators of a business game com- pany's performance exist. The Tobin q was examined as an indicator of the firm's effectiveness from an ...

#38. Tobin's Q and the Gains from Takeovers - SERVAES - 1991

ABSTRACT This paper analyzes the relation between takeover gains and the q ratios of targets and bidders for a sample of 704 mergers and tender offers over ...

#39. Tobin's q and the Theory of Investment | SpringerLink

As he indicated in the title of his Asset Accumulation and Economic Activity(1980) James Tobin's contribution to monetary theory centered on how asset ...

#40. Tobin's Q - Business Perspectives

FOLLOW US. Articles tagged with: Tobin's Q. Components of working capital and profitability in Saudi Arabian companies. Abdul Rahman Shaik.

#41. Application of the modified Tobin's q to an uncertain energy ...

Downloadable (with restrictions)! This paper is to develop a modified Tobin's q evaluation method which successfully combines the evaluation criteria of the ...

#42. Does capital flow more to high Tobin's Q industries? - EconBiz

Subject: capital markets | investment | industry | equity flows | debt flows | external finance | equity repurchases | Tobin's q | Volkswirtschaftliche ...

#43. Tobin's Q and the Gains from Takeovers - London Business ...

the abnormal returns in tender offers are related to the Tobin's q ratios of the targets and the bidders. In particular, they find that target, bidder, and.

#44. Tobin's q - Oxford Reference

Tobin's q. Quick Reference. An economic assessment, proposed by James Tobin, that over time the ratio of market value to replacement ...

#45. The Misuse of Tobin's Q - The Harvard Law School Forum on ...

As originally conceived, Tobin's q, named for the economist James Tobin, was an important variable in macroeconomic theory; it was defined as ...

#46. Tobin's Q approximation as a metric of firm performance

Tobin's Q approximation relies on accounting-based information that commonly undervalues intangibles, thus overstating firms' performance in intangibles, such ...

#47. Tobin's Q | Encyclopedia.com

Tobin 's Q is the ratio of the stock market valuation of firms to their “replacement” costs. Economists going at least as far back as Thorstein Veblen have ...

#48. Tobin's Q as an Indicator of Firm Performance - International ...

Tobin's Q as an Indicator of Firm Performance: Empirical Evidence from Manufacturing Sector Firms of Pakistan. Maryam Ishaq, Yasir Islam, Ghulam Ghouse.

#49. Inflation, Human Capital and Tobin's q - EconStor

The baseline endogenous growth model matches the US inflation and q long term correlation, while comparable exogenous growth are unable to do this, and it ...

#50. 利率對台灣民間投資影響之實證分析* - 中央銀行

業才會進行投資。根據Jorgenson的說法，財. 政政策與貨幣政策都會影響資本使用成本，. 包括實質利率、稅制因素等(註4)。 (3) Tobin's q 理論 ...

#51. Investment and Tobin's Q - UCL

Investment and Tobin's Q. Evidence from cornpam panel data*. Richard Blundell. Universi@ College London and Institute for Fiscal Studies. Stephen Bond.

#52. Accounting Measures of Business Performance and Tobin's q ...

In this paper, Tobin's q theory is applied to evaluate the informativeness of the traditional accounting measures of business performance and the measures ...

#53. Tobin's q, Corporate Diversification, and Firm Performance

In this paper, we show that Tobin's q and firm diversification are negatively related throughout the 1980s. This negative relation holds for different ...

#54. Corporate Financing, Taxation, and Tobin's q - Scientific ...

This paper addresses the question of how taxation affects the cost of capital of firms and value of firms as measured by Tobin's q.

#55. Q Ratio - How to Calculate Q Ratio for an Asset or Company

The Q Ratio, or Tobin's Q Ratio, is a ratio between a physical asset's market value and its replacement value. The ratio was developed by James Tobin, ...

#56. Tobin's Q - Google Books

Tobin's q is a ratio comparing the market value of a company's stock with the value of a company's equity book value. The ratio was developed by James Tobin ...

#57. Chart: Tobin's Q Ratio for US Equities - Business Insider

Q ratio is a measure of whether equities' valuations are, as a whole, attractive or not, invented by James Tobin.

#58. Investment, Tobin's q, and Interest Rates | NBER

Investment, Tobin's q, and Interest Rates ... We study the impact of stochastic interest rates and capital illiquidity on investment and firm ...

#59. The Misuse of Tobin's Q Robert Bartlett and Frank Partnoy ...

Tobin's q as “a standard measure used by financial economists, as a proxy for firm value”). A search for “Tobin! /2 q” in the.

#60. Appendix B: Tobin's q Models | RDP 2018-05 - Reserve Bank ...

RDP 2018-05: Do Interest Rates Affect Business Investment? Evidence from Australian Company-level Data Appendix B: Tobin's q Models. Jonathan Hambur and Gianni ...

#61. Explaining aggregate investment in Britain - LSE Research ...

This note reports on work done in testing Tobin's 'Q' theory of investment on British data. Investment by industrial and commercial companies ...

#62. The Misuse of Tobin's q - Berkeley Law

Title The Misuse of Tobin's q. Author Bartlett, Robert P. (Berkeley Law) Partnoy, Frank (Berkeley Law). Date 2020. Content Type Article.

#63. tobin's q dan altman z-score sebagai indikator pengukuran ...

TOBIN'S Q DAN ALTMAN Z-SCORE SEBAGAI INDIKATOR PENGUKURAN KINERJA PERUSAHAAN. Bambang Sudiyatno; Elen Puspitasari. Abstract. A variety of approaches in the ...

#64. Pure Profit Rates and Tobin's q in Nine OECD Countries

This paper extends a previous study of profit trends to consider valuation ratios (Tobin's q) in nine countries. Tobin's q embodies market expectations and ...

#65. Analyzing the influence of the funds' support on Tobin's q ...

This research uses structural equation modeling (SEM) and a fuzzy-set qualitative comparative analysis (fsQCA) method to analyze data about votes that funds ...

#66. Dynamics influences of Tobin's Q and CEO compensation on ...

For diversified companies, Tobin's Q is lower as compared to focused companies because the market penalizes the value of the firm assets (Lang ...

#67. Tobin's q of a Multi-Product Firm and an Endogenous Growth ...

Tobin's q bridges the gap between its value in the financial market and rate of investment in the real sector of the economy at a firm level.

#68. Treating Measurement Error in Tobin's q

Tobin's q is arguably the most common regressor in corporate finance. However, in its usual role as a proxy for unobservable investment ...

#69. Indexology: Too High or Too Low? Look at Tobin's Q - Yahoo ...

Tobin's Q does this; it is the ratio of the market value of stocks to the replacement cost of their assets. It was developed by James Tobin, ...

#70. Tobin's Q and its Determinants: A study on Huawei ...

This study aims to investigate the impact of Tobin's Q in relation with firm-specific factors and macroeconomics factors towards the performance ...

#71. The Green Tobin's q: Theory and Evidence - Economics

Tobin's q is the ratio of the market valuation of real capital assets to the current replacement cost of those assets (Tobin &. Brainard, 1977). As certain as ...

#72. Unanticipated Growth, Tobin's Q, and Leverage - World ...

We find that the adverse effects of debt on firm performance are much more severe for firms with higher R&D expenditures, irrespective of whether growth ...

#73. The Misuse of Accounting-Based Approximations of Tobin's q ...

Accounting-based approximations of Tobin's q (AATQ) are increasingly popular in marketing. AATQ differ from Tobin's original conception in ...

#74. use of Tobin's q to assess market power critique - Commerce ...

Z Energy has asked us to comment on the Tobin's q value that the Commerce Commission has estimated for it in its draft report on New Zealand's retail fuel ...

#75. Tobin's Q and the location of Foreign Direct Investment in China

Tobin's Q and the location of Foreign Direct Investment in China. B Morley · Department of Social & Policy Sciences · Department of Economics.

#76. Functional Form in Regression Models of Tobin's q

The most widely used measure has been Tobin's q, defined as the market value of the firm divided by the replace- ment costs of assets.1 Most empirical studies ...

#77. Financial Structure Effects on Jordanian Banks Tobin's Q

Financial Structure Effects on Jordanian Banks Tobin's Q. (Pages 35-41). Sanaa. N. Maswadeh* Jadara University, Irbid, Jordan.

#78. The roles of expected profitability, Tobin's Q and cash flow in ...

The roles of expected profitability, Tobin's Q and cash flow in econometric models of company investment. Stephen Bond, Rain Newton-Smith, Murtaza Syed, ...

#79. A Unified Theory of Tobin's q, Corporate Investment ...

cost of its capital stock, as “Q” and propose to use this ratio to measure the firm's incentive to invest in capital. This ratio has become known as Tobin's ...

#80. Tobin's Q, non-constant returns to scale, and imperfectly ...

Tobin's Q, non-constant returns to scale, and imperfectly competitive product markets. Published online by Cambridge University Press: 17 August 2016.

#81. Does Tobin's q Matter for Firms' Choices of Globalization Mode?

Does Tobin's q Matter for Firms' Choices of Globalization Mode? Print. Author Name, JINJI Naoto (Kyoto University) /ZHANG Xingyuan (Okayama University) ...

#82. Marginal q, Tobin's q, Cash Flow and Investment∗

Tobin's q roughly measures the average return on a firm's capital anticipated by the market. More relevant for investment decisions, however, ...

#83. Tobin's Q Implies Overvalued Stock Market - Bloomberg.com

The Tobin q compares the total value of the prices of stocks with the cost of replacing the underlying assets of those same stocks, or corporate ...

#84. Tobinsq - Economics Department | Pomona College in ...

Tobin's q is the ratio of the market value of a firm to the replacement cost of its assets. This statistic can be used to predict investment spending or to ...

#85. 研發支出、內部董事與經營績效

Tobin's Q 衡量公司經營績效，以高研發支出作為衡量企業專屬知識需求之代理. 變數，主要實證結果顯示，研發支出高且其內部董事席次比率高之公司，其經.

#86. Tobin's q | Formula | Analysis | Example - XPLAIND.com

Tobin's q is the ratio of market value of a company's assets to the replacement value of those assets. The market value of assets can be ...

#87. Tobin's Q Ratio - Current Value & History [US Stock Market]

Tobin's Q, or the Tobin Q Ratio, is the market value of a security or market divided by its asset replacement cost. It's sometimes referred to by the shorthand ...

#88. Tobin's Q / Q Ratio - eFinanceManagement

Tobin's Q ratio is a popular method of estimating a stock's fair value and can be practically used by market participants to make informed ...

#89. When markets freeze: Tobin's q and QE - VoxEU

Tobin's q is the ratio of the stock market valuation to the current replacement cost of capital. 2 In practice, there may be several steps along ...

#90. 杜賓Q比率(Tobin's Q) - 財經辭彙

杜賓Q比率是已故諾貝爾經濟學獎得主、耶魯大學經濟學教授杜賓（James Tobin）於1968年提出的估值方法，指的是公司市值與資產重置成本的比率。 公司市值是 ...

#91. Too High or Too Low? Look at Tobin's Q - Indexology® Blog

Tobin's Q does this; it is the ratio of the market value of stocks to the replacement cost of their assets. It was developed by James Tobin, ...

#92. Tobin's Q Theory of Investment (With Diagram) - Economics ...

James Tobin was the first person to explain this relation between the stock market and investment and that is why it is also referred as “Tobin's q” theory.

#93. Tobin's q theory - SlideShare

Tobin's q theory · 2. 2 Definition It is a ratio devised by James Tobin of Yale University, Nobel laureate in economics. · 3. 3 For example, a low Q ratio ( ...

#94. [請益] 有關TOBIN Q的PAPER - 看板Master_D - 批踢踢實業坊

想請問一下，有PAPER或是教科書在闡述TOBIN Q的算法是用市值/股東權益帳面價值的嗎？ 之前好像有聽說過，不過卻找不到用過這公式的文章還有一個問題.

#95. Stock market returns in the long-run: China and Tobin's q

In this post we are going to analyse the historical evidence between stock market returns and economic growth from a long-term perspective. As ...

#96. Tobin's Q - Valuation - Moneyterms: investment, finance and ...

Economist James Tobin hypothesised that the combined market values of listed companies should approximately equal their combined replacement cost. A Tobin's Q ...

#97. Tobin's Q Is Not a Valid Market Timing Metric - Pragmatic ...

Perhaps the most interesting aspect of Tobin's Q is that it's been widely used in academic research as a takeover metric as opposed to a stock ...