Filename Description irfi70101-sup-0001-TableS1-S5.docxWord 2007 document , 54.2 KB Table S1: This table reports the regression results using firm value measures as the dependent variables. Columns (1) and (2) use the natural logarithm of Tobin's Q (ln(Tobin's Q)), and Columns (3) and (4) employ the non-logged market-to-book ratio (MtB). Tobin's Q is defined as the sum of the market value of equity and the book value of total liabilities divided by the book value of total assets.
