Tobin's q and the Relation between Accounting ROI and Economic Return

Ball R. Brown P. 1968. “An Empirical Evaluation of Accounting Income Numbers”. Journal of Accounting Research, 6 (Autumn): 159–178.

Barth M. Beaver W. Landsman W. 1992. “The Market Valuation Implications of Net Periodic Pension Cost Components”. Journal of Accounting and Economics, 15 (March): 27–62.

Beaver W. H. 1988. Financial Reporting: An Accounting Revolution. 2nd ed. Englewood Cliffs, N.J.: Prentice-Hall.

Beaver W. H. Clarke R. Wright W. . 1979. “The Association Between Unsystematic Security Returns and the Magnitude of the Earnings Forecast Error”. Journal of Accounting Research, 17 (Autumn): 316–340.

Benston G. J. 1985. “The Validity of Profits-Structure Studies with Particular Reference to the FTC's Line of Business Data”. American Economic Review, 75 (March): 37–67.

Fisher F. M. 1988. “Accounting Data and the Economic Performance of Firms”. Journal of Accounting and Public Policy, 7 (December): 253–260.

Fisher F. M. McGowan J. I. . 1983. “On the Misuse of Accounting Rates of Return to Infer Monopoly Profits”. American Economic Review, 73 (March): 82–97.

Hirschey M. Weygandt J. J. . 1985. “Amortization Policy for Advertising and Research and Development Expenditures”. Journal of Accounting Research, 23: 326–335.

Jacobson R. 1987. “The Validity of ROI as a Measure of Business Performance”. American Economic Review, 77 (June): 470–478.

Joskow P. L. Rose N. L. . 1989. “The Effects of Economic Regulation”. In Handbook of Industrial Organization. Vol. 2. Edited by Schmalensee R. Willig R. , 1449–1506. New York: North-Holland.

Kormendi R. Lipe R. . 1987. “Earnings Innovations, Earnings Persistence, and Stock Returns”. Journal of Business, 60 (July): 323–345.

Landsman W. R. Magliolo J. . 1988. “Cross Sectional Capital Market Research and Model Specification”. The Accounting Review, 63 (October): 586–604.

Lang L. H. P. Litzenberger R. . 1989. “Dividend Announcements: Cash Flow Signalling vs. Free Cash Flow Hypothesis?” Journal of Financial Economics, 24: 181–191.

Lang L. H. P. Stulz R. M. Walkling R. A. . 1989. “Managerial Performance, Tobin's Q, and the Gains from Successful Tender Offers”. Journal of Financial Economics, 24: 137–154.

Lindenberg E. B. Ross S. A. . 1981. “Tobin's q Ratio and Industrial Organization”. Journal of Business, 54 (January): 1–32.

Long W. F. Ravenscraft D. J. . 1984. “The Misuse of Accounting Rates of Return: Comment”. American Economic Review, 74 (June): 494–500.

Martin S. 1984. “The Misuse of Accounting Rates of Return: Comment”. American Economic Review, 74 (June): 501–506.

Noll R. G. 1989. “Economic Perspectives on the Politics of Regulation,” Handbook of Industrial Organization. Vol. 2. Edited by Schmalensee R. Willig R. , 1253–1287. New York: North-Holland.

Perfect S. B. Wiles K. W. . 1994. “Alternative Constructions of Tobin's q: An Empirical Comparison”. Journal of Empirical Finance, 1 (July): 313–342.

Ronen J. Sorter G. H. . 1972. “Relevant Accounting”. Journal of Business, 45 (April): 258–282.

Smirlock M. Gilligan T. Marshall W. . 1984. “Tobin's q and the Structure-Performance Relationship”. American Economic Review, 74 (December): 1051–1060.

Varaiya N. Kerin R. Weeks D. . 1987. “The Relationship between Growth, Profitability, and Finn Value”. Strategic Management Journal, 8: 487–497.

Wernerfelt B. Montgomery C. A. . 1988. “Tobin's q and the Importance of Focus in Firm Performance”. American Economic Review, 78 (March): 246–250.