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THE COST OF CAPITAL, MACAULAY'S DURATION, AND TOBIN'S q

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  • Moshe Ben-Horim
  • Jeffrey L Callen

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  • Moshe Ben-Horim & Jeffrey L Callen, 1989. "THE COST OF CAPITAL, MACAULAY'S DURATION, AND TOBIN'S q," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 12(2), pages 143-156, June.
    • Handle: RePEc:bla:jfnres:v:12:y:1989:i:2:p:143-156
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1989.tb00109.x
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    References listed on IDEAS

    as
    1. Boquist, John A & Racette, George A & Schlarbaum, Gary G, 1975. "Duration and Risk Assessment for Bonds and Common Stocks," Journal of Finance, American Finance Association, vol. 30(5), pages 1360-1365, December.
    2. Lindenberg, Eric B & Ross, Stephen A, 1981. "Tobin's q Ratio and Industrial Organization," The Journal of Business, University of Chicago Press, vol. 54(1), pages 1-32, January.
    3. Aivazian, Varouj A & Callen, Jeffrey L, 1979. "Investment, Market Structure, and the Cost of Capital," Journal of Finance, American Finance Association, vol. 34(1), pages 85-92, March.
    4. Smirlock, Michael & Gilligan, Thomas & Marshall, William, 1984. "Tobin's q and the Structure-Performance Relationship," American Economic Review, American Economic Association, vol. 74(5), pages 1051-1060, December.
    5. Myers, Stewart C., 1977. "Determinants of corporate borrowing," Journal of Financial Economics, Elsevier, vol. 5(2), pages 147-175, November.
    6. Gordon, Myron J & Gould, L I, 1978. "The Cost of Equity Capital: A Reconsideration," Journal of Finance, American Finance Association, vol. 33(3), pages 849-861, June.
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    Cited by:

    1. Indranil Bardhan & Viswanathan Krishnan & Shu Lin, 2013. "Research Note ---Business Value of Information Technology: Testing the Interaction Effect of IT and R&D on Tobin's Q," Information Systems Research, INFORMS, vol. 24(4), pages 1147-1161, December.
    2. Ian R. C. Hirst & Jo Danbolt & Eddie Jones, 2008. "Required Rates of Return for Corporate Investment Appraisal in the Presence of Growth Opportunities," European Financial Management, European Financial Management Association, vol. 14(5), pages 989-1006, November.
    3. Anandhi S. Bharadwaj & Sundar G. Bharadwaj & Benn R. Konsynski, 1999. "Information Technology Effects on Firm Performance as Measured by Tobin's q," Management Science, INFORMS, vol. 45(7), pages 1008-1024, July.
    4. Chen, Yiping & Shan, Yuan George & Wang, Jimin & Yang, Xinxin & Zhang, Junru, 2024. "Social capital and cost of debt: Evidence from Chinese CEO network centrality," Emerging Markets Review, Elsevier, vol. 60(C).

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