Hypothesis Tests, Analysis and Discussion

  • Wenge Wang


A multiple linear regression analysis was conducted to estimate the correlations among the variables specified in the hypotheses. This explains how a change in one variable impacts another variable when all other variables are held constant. In this chapter, regression analysis is used to estimate the correlation between QFIIs’ percentage shareholding and firm performance and the correlation between QFIIs’ degree of checks and balances and firm performance.


  1. Baltagi, Badi H., and Seuck Heun Song. 2006. Unbalanced Panel Data: A Survey. Statistical Papers 47: 493–523.CrossRefGoogle Scholar
  2. Park, Hun Myoung. 2011. Practical Guides to Panel Data Modelling: A Step-by-step Analysis Using Stata. Tutorial Working Paper. Graduate School of International Relations, International University of Japan, 1–52.Google Scholar
  3. Wooldridge, Jeffrey M. 2010. Correlated Random Effects Models with Unbalanced Panels, 1–42.

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Wenge Wang
    • 1
  1. 1.AnshanChina

Personalised recommendations