{"id":"https://openalex.org/W3199568037","doi":"https://doi.org/10.5709/ce.1897-9254.449","title":"Corporate Financial Performance and Tobin\u2019s Q in Dividend and Growth Investing","display_name":"Corporate Financial Performance and Tobin\u2019s Q in Dividend and Growth Investing","publication_year":2021,"publication_date":"2021-09-08","ids":{"openalex":"https://openalex.org/W3199568037","doi":"https://doi.org/10.5709/ce.1897-9254.449","mag":"3199568037"},"language":"en","primary_location":{"id":"doi:10.5709/ce.1897-9254.449","doi":"https://doi.org/10.5709/ce.1897-9254.449","is_oa":true,"landing_page_url":"https://doi.org/10.5709/ce.1897-9254.449","pdf_url":"https://doi.org/10.5709/ce.1897-9254.449","source":{"id":"https://openalex.org/S2738848155","display_name":"Contemporary Economics","issn_l":"1897-9254","issn":["1897-9254","2084-0845","2300-8814"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-c","cwts-core","doaj","erih-plus","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310317432","host_organization_name":"Vistula University","host_organization_lineage":["https://openalex.org/P4310317432"],"host_organization_lineage_names":["Vistula University"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Contemporary Economics","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://doi.org/10.5709/ce.1897-9254.449","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5022558236","display_name":"Hanna Mysaka","orcid":"https://orcid.org/0000-0003-0621-8513","observed_orcids":["https://orcid.org/0000-0003-0621-8513"]},"institutions":[{"id":"https://openalex.org/I189238007","display_name":"Taras Shevchenko National University of Kyiv","ror":"https://ror.org/02aaqv166","country_code":"UA","type":"education","lineage":["https://openalex.org/I189238007"]}],"countries":["UA"],"is_corresponding":true,"raw_author_name":"Hanna Mysaka","raw_affiliation_strings":["Shevchenko National University of Kyiv , Fac- ulty of Economics , 90A Vasylkivska Street , Kyiv , Ukraine, 03022","Taras Shevchenko National University of Kyiv , Faculty of Economics , 90A Vasylkivska Street , Kyiv , Ukraine, 03022","National University of Kyiv, Fac-ulty of Economics, 90A Vasylkivska Street, Kyiv, Ukraine, 03022"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Shevchenko National University of Kyiv , Fac- ulty of Economics , 90A Vasylkivska Street , Kyiv , Ukraine, 03022","institution_ids":["https://openalex.org/I189238007"]},{"raw_affiliation_string":"Taras Shevchenko National University of Kyiv , Faculty of Economics , 90A Vasylkivska Street , Kyiv , Ukraine, 03022","institution_ids":["https://openalex.org/I189238007"]},{"raw_affiliation_string":"National University of Kyiv, Fac-ulty of Economics, 90A Vasylkivska Street, Kyiv, Ukraine, 03022","institution_ids":["https://openalex.org/I189238007"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5067387068","display_name":"\u0406\u0432\u0430\u043d \u0414\u0435\u0440\u0443\u043d","orcid":"https://orcid.org/0000-0003-0114-4746","observed_orcids":["https://orcid.org/0000-0003-0114-4746"]},"institutions":[{"id":"https://openalex.org/I189238007","display_name":"Taras Shevchenko National University of Kyiv","ror":"https://ror.org/02aaqv166","country_code":"UA","type":"education","lineage":["https://openalex.org/I189238007"]}],"countries":["UA"],"is_corresponding":false,"raw_author_name":"Ivan Derun","raw_affiliation_strings":["National University of Kyiv, Fac-ulty of Economics, 90A Vasylkivska Street, Kyiv, Ukraine, 03022"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"National University of Kyiv, Fac-ulty of Economics, 90A Vasylkivska Street, Kyiv, Ukraine, 03022","institution_ids":["https://openalex.org/I189238007"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5022558236"],"corresponding_institution_ids":["https://openalex.org/I189238007"],"apc_list":null,"apc_paid":null,"fwci":1.7902,"has_fulltext":true,"cited_by_count":26,"citation_normalized_percentile":{"value":0.86777113,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":93,"max":99},"biblio":{"volume":"15","issue":"3","first_page":"277","last_page":"288"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.7583000063896179,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.7583000063896179,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.1875,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.032099999487400055,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/tobin-s-q","display_name":"Tobin's Q","score":0.8790000081062317},{"id":"https://openalex.org/keywords/corporate-financial-performance","display_name":"corporate financial performance","score":0.9850000143051147},{"id":"https://openalex.org/keywords/dividend-investing","display_name":"dividend investing","score":0.9629999995231628},{"id":"https://openalex.org/keywords/growth-investing","display_name":"growth investing","score":0.9599999785423279},{"id":"https://openalex.org/keywords/investment-opportunities","display_name":"investment opportunities","score":0.5479999780654907},{"id":"https://openalex.org/keywords/financial-ratios","display_name":"financial ratios","score":0.8600000143051147},{"id":"https://openalex.org/keywords/dividend-policy","display_name":"dividend policy","score":0.6610000133514404},{"id":"https://openalex.org/keywords/revenue","display_name":"revenue","score":0.3580000102519989},{"id":"https://openalex.org/keywords/investor-attraction","display_name":"investor attraction","score":0.5419999957084656},{"id":"https://openalex.org/keywords/financial-reporting-reliability","display_name":"financial statement reliability","score":0.7490000128746033},{"id":"https://openalex.org/keywords/public-companies","display_name":"public companies","score":0.8050000071525574}],"concepts":[{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.7357282042503357},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5542282462120056},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.5143564939498901},{"id":"https://openalex.org/C98014903","wikidata":"https://www.wikidata.org/wiki/Q832161","display_name":"Financial ratio","level":2,"score":0.4911348521709442},{"id":"https://openalex.org/C59399099","wikidata":"https://www.wikidata.org/wiki/Q5284040","display_name":"Dividend policy","level":3,"score":0.47670596837997437},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.4695708751678467},{"id":"https://openalex.org/C195487862","wikidata":"https://www.wikidata.org/wiki/Q850210","display_name":"Revenue","level":2,"score":0.45850449800491333},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.45464926958084106},{"id":"https://openalex.org/C143591128","wikidata":"https://www.wikidata.org/wiki/Q1746791","display_name":"Growth stock","level":5,"score":0.41078007221221924},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.37601903080940247},{"id":"https://openalex.org/C148126853","wikidata":"https://www.wikidata.org/wiki/Q7316309","display_name":"Restricted stock","level":4,"score":0.21427029371261597},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.5709/ce.1897-9254.449","doi":"https://doi.org/10.5709/ce.1897-9254.449","is_oa":true,"landing_page_url":"https://doi.org/10.5709/ce.1897-9254.449","pdf_url":"https://doi.org/10.5709/ce.1897-9254.449","source":{"id":"https://openalex.org/S2738848155","display_name":"Contemporary Economics","issn_l":"1897-9254","issn":["1897-9254","2084-0845","2300-8814"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-c","cwts-core","doaj","erih-plus","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310317432","host_organization_name":"Vistula University","host_organization_lineage":["https://openalex.org/P4310317432"],"host_organization_lineage_names":["Vistula University"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Contemporary Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:wyz:journl:id:658","doi":null,"is_oa":false,"landing_page_url":"http://ce.vizja.pl/en/download-pdf/id/658","pdf_url":"http://ce.vizja.pl/en/download-pdf/id/658","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"mag:3204795977","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID3929437_code1916347.pdf?abstractid=3929437&mirid=1","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:econstor.eu:10419/297572","doi":null,"is_oa":true,"landing_page_url":"https://hdl.handle.net/10419/297572","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"doc-type:article"}],"best_oa_location":{"id":"doi:10.5709/ce.1897-9254.449","doi":"https://doi.org/10.5709/ce.1897-9254.449","is_oa":true,"landing_page_url":"https://doi.org/10.5709/ce.1897-9254.449","pdf_url":"https://doi.org/10.5709/ce.1897-9254.449","source":{"id":"https://openalex.org/S2738848155","display_name":"Contemporary Economics","issn_l":"1897-9254","issn":["1897-9254","2084-0845","2300-8814"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-c","cwts-core","doaj","erih-plus","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310317432","host_organization_name":"Vistula University","host_organization_lineage":["https://openalex.org/P4310317432"],"host_organization_lineage_names":["Vistula University"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Contemporary Economics","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3199568037.pdf","grobid_xml":"https://content.openalex.org/works/W3199568037.grobid-xml"},"referenced_works_count":40,"referenced_works":["https://openalex.org/W1483968082","https://openalex.org/W1500008126","https://openalex.org/W1590506860","https://openalex.org/W1797402740","https://openalex.org/W1978282661","https://openalex.org/W1991094416","https://openalex.org/W1994000676","https://openalex.org/W2005481609","https://openalex.org/W2042597655","https://openalex.org/W2043464706","https://openalex.org/W2057130129","https://openalex.org/W2059912207","https://openalex.org/W2081112969","https://openalex.org/W2085785781","https://openalex.org/W2093636029","https://openalex.org/W2111323372","https://openalex.org/W2137463153","https://openalex.org/W2151100903","https://openalex.org/W2166215547","https://openalex.org/W2277482101","https://openalex.org/W2406188277","https://openalex.org/W2418664930","https://openalex.org/W2558194302","https://openalex.org/W2625072384","https://openalex.org/W2626892938","https://openalex.org/W2726787727","https://openalex.org/W2797063994","https://openalex.org/W2945792041","https://openalex.org/W3005734245","https://openalex.org/W3021945653","https://openalex.org/W3023947541","https://openalex.org/W3025474433","https://openalex.org/W3121536550","https://openalex.org/W3121847382","https://openalex.org/W3122311863","https://openalex.org/W3122338549","https://openalex.org/W3125036249","https://openalex.org/W3125193262","https://openalex.org/W4242545938","https://openalex.org/W4254928272"],"related_works":["https://openalex.org/W2465041146","https://openalex.org/W2797021764","https://openalex.org/W2792668645","https://openalex.org/W2992256711","https://openalex.org/W3155738650","https://openalex.org/W4392413178","https://openalex.org/W1989213637","https://openalex.org/W4386301806","https://openalex.org/W4252765380","https://openalex.org/W4389793323"],"abstract_inverted_index":{"Investor":[0],"attracting":[1],"and":[2,13,55,62,88,132,241],"keeping":[3],"requires":[4],"both":[5],"successful":[6],"management":[7],"of":[8,22,36,48,60,67,77,100,119,127,140,158,166,177,191,204,229,232],"a":[9,45,153,236],"company\u2019s":[10,178],"financial":[11,39,74,120,124,207,221],"performance":[12,40,75,125,222],"an":[14],"investor\u2019s":[15],"behavior":[16],"knowledge,":[17],"as":[18,20,44],"well":[19],"monitoring":[21],"stock":[23,130,134],"market":[24],"current":[25],"trends.":[26],"This":[27],"paper":[28],"contains":[29],"the":[30,34,73,95,98,101,137,150,175,189,202,205,220,227],"study":[31],"results":[32,147,190],"on":[33,41,188,201,219],"influence":[35],"public":[37,78,215],"companies\u2019":[38,216],"Tobin\u2019s":[42,82,102],"q":[43,103],"common":[46],"measure":[47],"investment":[49,110,197],"opportunity":[50],"for":[51,84,97,108,136],"dividend":[52,85,128,159,167],"(income)":[53,86,129,160],"investors":[54,57,161,171],"growth":[56,89,133,170],"in":[58],"conditions":[59],"competition":[61],"financing":[63],"limitations.":[64],"The":[65,145],"goal":[66],"this":[68,113,192],"article":[69],"is":[70,182,235],"to":[71,149,174,184,239],"identify":[72],"indicators":[76],"companies,":[79],"influencing":[80],"their":[81,243],"q,":[83],"investing":[87,90],"respectively.":[91],"We":[92],"determined":[93],"that":[94,122,152,196,214,223],"proxies":[96],"variables":[99],"function":[104],"should":[105],"be":[106],"different":[107,109],"styles.":[111],"For":[112],"reason,":[114],"we":[115,194,212],"composed":[116],"two":[117],"sets":[118],"ratios":[121],"reflect":[123],"specifics":[126],"companies":[131,135],"quantitative":[138],"assessment":[139],"these":[141],"investor":[142],"types\u2019":[143],"preferences.":[144],"analysis":[146],"led":[148],"conclusion":[151],"company":[154],"can":[155],"attract":[156,240],"attention":[157],"by":[162],"demonstrating":[163],"higher":[164],"levels":[165],"payments.":[168],"Whereas,":[169],"are":[172],"sensitive":[173],"level":[176],"business":[179],"activities,":[180],"which":[181,234],"related":[183],"its":[185],"revenue.":[186],"Based":[187],"study,":[193],"believe":[195],"decisions\u2019":[198],"successfulness":[199],"depends":[200],"reliability":[203],"issuer\u2019s":[206],"statements.":[208],"In":[209],"our":[210],"conclusions,":[211],"suggest":[213],"managers":[217],"focus":[218],"best":[224],"correlate":[225],"with":[226],"preferences":[228],"certain":[230],"type":[231],"investors,":[233],"promising":[237],"way":[238],"keep":[242],"investors.":[244]},"counts_by_year":[{"year":2026,"cited_by_count":8},{"year":2025,"cited_by_count":9},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":4}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2021-09-27T00:00:00"}