Firm investment and financing in imperfect markets: estimation using Tobin's q

dc.creator	Chamberlain, Trevor W.
dc.date.accessioned	2014-03-05T19:49:08Z
dc.date.available	2014-03-05T19:49:08Z
dc.date.issued	1998
dc.identifier.uri	http://library2.smu.ca/xmlui/handle/01/25743
dc.description.abstract	This paper presents a model of firm investment and financing in which market imperfections exist in both real capital and financial capital markets. Under these conditions the use of Tobin’s q to explain investment is examined. Test results suggest that imperfect markets may be at least partly responsible for the uneven record of the q model in empirical research on investment.	en_CA
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dc.description.provenance	Made available in DSpace on 2014-03-05T19:49:08Z (GMT). No. of bitstreams: 1 asb_proceedings_1998_chamberlain_t_w.pdf: 99881 bytes, checksum: 430904d5f30796cf56c3dd58397437b8 (MD5) Previous issue date: 1998	en
dc.format.extent	11 p.
dc.language.iso	en	en_CA
dc.publisher	Atlantic Schools of Business	en_CA
dc.subject.lcsh	Tobin's q
dc.subject.lcsh	Capital investments -- Mathematical models
dc.title	Firm investment and financing in imperfect markets: estimation using Tobin's q	en_CA
dc.type	Text	en_CA
dcterms.bibliographicCitation	Proceedings of the 28th Atlantic Schools of Business Conference, Acadia University, 1998