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.
| Original language | English |
|---|---|
| Pages (from-to) | 379 - 384 |
| Journal | Economics Letters |
| Volume | 78 |
| Issue number | 3 |
| Publication status | Published - 1 Aug 2003 |