High Tobin's q industries receive more funding from capital markets than low Tobin's q industries from 1971 to 1996. Since then, the opposite is true. The key to understanding this shift is that large firms for which q is more a proxy for rents than for investment opportunities have become more...

An oleaginous yeast, Cryptococcus sp., was isolated from a traditional Korean fermented fish and used for bio-oil production with banana peel as a feedstock. Pretreatment of banana peel with 1% sulfuric acid resulted in up to 4.5 g L-1 of glucose (11.2% yield), and 18.1 g L-1 of fructose (45.2%...

An oleaginous yeast, Cryptococcus sp., was isolated from a traditional Korean fermented fish and used for bio-oil production with banana peel as a feedstock. Pretreatment of banana peel with 1% sulfuric acid resulted in up to 4.5 g L-1 of glucose (11.2% yield), and 18.1 g L-1 of fructose (45.2%...

We examine whether capital flows more to high Tobin's q industries and find that it flows more to high q industries from 1971 until 1996 but not from 1997 to 2014. This change is due to a decrease in the q-sensitivity of equity funding resulting mostly from the increased q-sensitivity of...