Introduction :
The dummy variable has a value of 1 if a firm lobbies and 0 if it does not.
Dependant variable ; Tobin’s Q is measured as the book value of assets divided by the end-of-year market value of common stock
– equation for tobins q analysis to see how lobbying impacts the firm performance
– example equation Yt = + 1 Lobbying dummyt + 2 Tobins Qt-1 + 3 Ln assetst + 4 industry dummies + u
example of essay similar to this assignment : https://feb.studenttheses.ub.rug.nl/9666/1/Thesis_C_Dreue.pdf
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