The Mba Decision
Autor: Tanveer Ahmad • February 19, 2016 • Case Study • 1,507 Words (7 Pages) • 546 Views
. xtreg dac dummy audit_com manag institutionalshareholders big5owm audq bsize ceo , re
note: audit_com omitted because of collinearity
Random-effects GLS regression Number of obs = 618
Group variable: id Number of groups = 243
R-sq: within = 0.0000 Obs per group: min = 1
between = 0.0586 avg = 2.5
overall = 0.0288 max = 5
Wald chi2(7) = 17.18
corr(u_i, X) = 0 (assumed) Prob > chi2 = 0.0163
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dac | Coef. Std. Err. z P>|z| [95% Conf. Interval]
--------------------------+----------------------------------------------------------------
dummy | -.0626117 .0273546 -2.29 0.022 -.1162257 -.0089977
audit_com | 0 (omitted)
manag | .018202 .0544736 0.33 0.738 -.0885642 .1249683
institutionalshareholders | -.0161212 .039261 -0.41 0.681 -.0930714 .0608291
big5owm | .0622643 .062591 0.99 0.320 -.0604118 .1849403
audq | -.0935087 .0292218 -3.20 0.001 -.1507824 -.036235
bsize | .0056318 .009131 0.62 0.537 -.0122647 .0235282
ceo | -.04532 .0311797 -1.45 0.146 -.1064311 .0157912
_cons | -.2626696 .0891776 -2.95 0.003 -.4374545 -.0878847
--------------------------+----------------------------------------------------------------
sigma_u | .05227216
sigma_e | .30912669
rho | .02779868 (fraction of variance due to u_i)
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