Hi all, I'm in urgent need of help and would seriously appreciate your time! I am conducting a regression of a few independent variables against the dependent variable (Firm Value) with company-specific fixed effects. However, one of my independent variables is collinear with the fixed effects. This independent variable (that exhibits the collinearity) has either a value of 0 or 1 depending on whether the company has a sunset clause on its dual class shares (i.e. dual class shares must retire after a certain period of time). I cannot remove this independent variable because that's the whole point of my study. I used xtreg firmvalue {the different indep vars}, fe. Is there any way to resolve this?
p.s. completely new to stata here
p.s. completely new to stata here
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