I have a set of data with the following variables: year, symbol (symbol of each firm), industry (industry the firm belongs to), shareholder_ID, holding (how many shares the shareholder holds for a firm). A firm has multiple shareholders in a year and the data spans over 10 years.
I would like to construct 3 variables:
1. a dummy variable common_dum indicating whether a firm shares common shareholders with at least one other firm in the same industry in a year.
2. a variable common_num counting the number of common shareholders a firm shares with other firms in the same industry in a year.
3. a variable common_percent summing all percentage of common shareholds in a firm in a year.
Here is a simplified example of the data:
Code:
year symbol industry shareholder_ID holding 2009 1 A 501 2.3 2009 1 A 502 1.2 2009 1 A 511 6.8 2009 2 A 535 3.1 2009 2 A 511 2.2 2009 3 B 522 10.6 2009 3 B 548 4.6 2009 4 C 538 3.3 2009 4 C 577 1 2009 5 B 522 4.9 2009 5 B 548 15.8 2009 5 B 514 9.8
0 Response to identify common ownership of shareholders
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