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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Format: | Others |
Language: | English |
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North Texas State University
1987
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Online Access: | https://digital.library.unt.edu/ark:/67531/metadc332371/ |