A Test of Allocational Market Efficiency in Takeovers Using Tobin's q Theory of Investment

The primary purpose of the study was to investigate whether takeover markets are allocationally efficient using Tobin's q as the variable which summarizes the investment opportunities of firms. Chapter I presented the purposes, hypotheses, methodology, and limitations of the study. The two hypo...

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Bibliographic Details
Main Author: Kim, Keeho
Other Authors: Henderson, Glenn V., Jr.
Format: Others
Language:English
Published: North Texas State University 1987
Subjects:
Online Access:https://digital.library.unt.edu/ark:/67531/metadc332371/