Average Q, Marginal Q, and the Relation Between Ownership and Performance

Klaus Gugler; B. Burcin Yurtoglu

Average Q, Marginal Q, and the Relation Between Ownership and Performance

Klaus Gugler, B. Burcin Yurtoglu

Publikation: Wissenschaftliche Fachzeitschrift › Originalbeitrag in Fachzeitschrift › Forschung › Begutachtung

Abstract

Using average performance measures - as the literature does - to investigate the relation between ownership structure and performance suffers from severe drawbacks. We propose a marginal Tobin's q and argue for its superiority.

Originalsprache	Englisch
Seiten (von - bis)	379 - 384
Fachzeitschrift	Economics Letters
Jahrgang	78
Ausgabenummer	3
Publikationsstatus	Veröffentlicht - 1 Aug. 2003

Zitat

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abstract = "Using average performance measures - as the literature does - to investigate the relation between ownership structure and performance suffers from severe drawbacks. We propose a marginal Tobin's q and argue for its superiority.",

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AU - Yurtoglu, B. Burcin

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