Tobinrsquos q is used to indicate firm performance in


Tobin’s Q is used to indicate firm performance in ‘Board structure, ownership structure and firm performance: A study of New Zealand firm’. It is found that the mean value of firm performance is 0.1293 with minimum value is 0.0001, and the maximum value is 8.4280. Please give the explanation of this result.

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Financial Management: Tobinrsquos q is used to indicate firm performance in
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