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indicators, namely, return on assets (ROA), return on equity (ROE), and Tobin’s Q, is assessed. The findings indicate that the … debt ratio exhibits a positive influence on ROA, ROE, and Tobin’s Q, with Tobin’s Q displaying the most pronounced impact … (0.450) and ROA showing the weakest impact (0.011). However, the long-term debt ratio does not significantly affect firm …
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by Tobin's Q (TQ), return on equity (ROE) and return on assets (ROA). Research limitations/implications -This study … multiple methods for analyzing profitability as proxied by TQ, ROE and ROA, given the presence of multiple proxies to measure …
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We develop a model of investment with financial constraints and use it to investigate the relation between investment and Tobin’s q. Afirm is financed partly by insiders, who control its assets, and partly by outside investors. When their wealth is scarce, insiders earn a rate of return higher...
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