Hello everyone, I am currently in my thesis about Sustainability Reporting Quality. Basically i want to know that if specific characteristics of the board are really have a significant impact on SRQ. In my research, board charateristics represented by Board Age, BODMeeting, BOCMeeting, Board Ethnicity, Independent Comissionaire, ExGovoff, CurGovOff, Board Size, Board Female Director, and Firm Age. This research is basically a panel data research with time period is 2014-2018. So after coding the data, i try to run the regression, OLS, RE, and Fixed Effects. After I run Fixed Effect, I found that Board Ethnicity is ommited because of collinearity. My guess is that happened because Board Ethnicity showed that Board Ethnicity is invariant time variable in my observation because the coding show that the company here have heterogenistic ethnic board (arround 98%). My question is, should I drop this variable before doing the hausman test or just let them be ? Thank you for your attention.
Related Posts with Problem Regarding Ommited Variable in Fixed Effects Model
Exporting multiple tabs to Excel with putexcelHi! I got this code that allows me to export a simple tabulation of the variable "Edad" to Excel: t…
How to add extra column to summary statistics with asdoc?Dear all, I am using the asdoc tool to export my tables to word. However, I am struggling to add an…
Reshape long Datastream equity dataHi, I have the following type of wide panel data downloaded directly from Datastream. The stucture …
egen numeric variableDear Stata users, Please take a look at this problem: I wish to generate a unique identifier for a …
Tariff data to use in StataHello, I am new to this forum and econometrics in general so im not sure this is a appropriate line…
Subscribe to:
Post Comments (Atom)
0 Response to Problem Regarding Ommited Variable in Fixed Effects Model
Post a Comment