Paulo L dos Santos and Ellis Scharfenaker Informational Performance, Competitive Capital-Market Scaling, and the Frequency Distribution of Tobin’s Q September 2016 Working Paper 07/2016 Department of Economics The New School for Social Research The views expressed herein are those of the author(s) and do not necessarily reflect the views of the New School for Social Research. © 2016 by Paulo L dos Santos and Ellis Scharfenaker. All rights reserved. Short sections of text may be quoted without explicit permission provided that full credit is given to the source.