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- A high ranking on this practice is a stronger predictor of the company’s Tobin’s Q than the rankings of any of the other four. 第五項的排名高低,比其他四項的排名,更強烈反映出公司的托賓Q比率。
- This paper regards Tobin’s Q value as the proxy of company’s value, and compares the value between the studying sample and the matching sample. 本文以托賓Q值作為公司價(jià)值的替代變量,在研究樣本與配對樣本之間進(jìn)行了價(jià)值比較。
- The negative relationship between diversification and firm performance (firm value) measured by Tobin’s q is referred as to diversification discount. 企業(yè)多元化與以托賓q度量的企業(yè)績(jì)效(企業(yè)價(jià)值)之間的負向關(guān)系被稱(chēng)為多元化折價(jià)。
- Considering the defect of financial norm, we choose Tobin’s Q ratio additionally, hoping that this series of indexes can reflect the corporate performance even better. 接下來(lái),我們從股權結構、企業(yè)規模、資本結構以及市場(chǎng)結構幾個(gè)方面分別分析了一些可能影響上市公司企業(yè)績(jì)效的因素,其中,我們重點(diǎn)分析了股權結構可能對企業(yè)績(jì)效造成的影響。
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