Hi everyone,
For my research I need 1 more control variable.
I need a control variable which equals the percentage of independent directors on the board.
I already have data from Boardex.
I also already have a variable (inddir) which equals 1 if the board member is ''Independent''.
I have data from a lot of different companies, from 2011-2019.
So basically, what I need, is for each different board, for each different year, calculate the percentage of independent directors on that board in that year.
Does anyone know how to get this? I would really appreciate your help!
My dataset looks as follows:
Array
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