finance

Connect WRDS in R

Connect from R to Wharton Research Data Services to set up connection from R to WRDS (here) library(RPostgres) library(tidyverse) # I've set up wrds connection before hand. # Please use your username and password here.

Tobin's q

Tobin’s Q According to Kerin and Sethuraman (Kerin and Sethuraman 1998, 261), Tobins q is the “ratio of the market value of the firm to the replacement cost of its tangible assets, property, plant, equipment, inventory, cash, and investments in stocks and bonds”.