first:
my topic is impact of CEO-pay on likelihood of financial fraud
here i dont know how to create treat-variable in order to execute pscore command.
please some explanation for helping.
second
i got set of commands related to execute PSM model which are:
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*first create the pscore* reg Independent var some cotrol vars predict pscore drop if pscore==. bys year sic INDP_var: g exp=_n if indep_var bys year sic : egen m=max(exp) drop if m==. expandcl m if indep_var!=1,cl(year code) gen(g) bys year code: replace exp=_n if indep_var!=1 bys year sic exp: egen r=sum(pscore*indep_var) g q=abs((pscore-r)/r) if indep_var!=1 bys year sic exp: egen u=min(q) if ! indep_var drop if u!=q&!indep_var egen mat=group(year sic exp) bysort mat:gen fre1=_n drop if fre1==1 drop exp-fre1 *then run the model*
my observations are 18000 and after executing those my observations increased into 22000
especially when i run the following command
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expandcl m if indep_var!=1,cl(year code) gen(g)
i need to know whether those commands are correct or not?
kind regards
Alkebsee Radwan
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