The benefits of adding a cost function to Tobin’s q as an investment style on the JSE

The benefits of adding a cost function to Tobin’s q as an investment style on the JSE

Tobin’s q ratio employs a fundamental principle that enterprise values cannot deviate excessively from, namely the replacement value of the assets required to generate the future cashflow of the business. This ratio formed the cornerstone of this research that investigated whether an index based...

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Bibliographic Details
Main Author: Geldenhuys, Jurie
Other Authors: Muller, Chris
Language:en
Published: 2015
Subjects:
UCTD
Tobin's q
Investments
Johannesburg Stock Exchange (JSE)
Quantitative research
Online Access:http://hdl.handle.net/2263/45023
Geldenhuys, J. (2014). The benefits of adding a cost function to Tobin’s q as an investment style on the JSE (MBA mini-dissertation).Gordon Institute of Business Science, University of Pretoria. Retrieved from http://repository.up.ac.za/handle/2263/1818

Internet

http://hdl.handle.net/2263/45023
Geldenhuys, J. (2014). The benefits of adding a cost function to Tobin’s q as an investment style on the JSE (MBA mini-dissertation).Gordon Institute of Business Science, University of Pretoria. Retrieved from http://repository.up.ac.za/handle/2263/1818

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