Tobin's Q, Corporate Diversification and Firm Performance
收藏NBER1993-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4376
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资源简介：
In this paper, we show that Tobin's q and firm diversification are negatively related. This negative relation holds for different diversification measures and when we control for other known determinants of q. We show further that diversified firms have lower q's than equivalent portfolios of
提供机构：
美国国家经济研究局
创建时间：
1993-06-01
