Hi all!
I have a question regarding a topic I am currently exploring. I have a dataset with multiple governance-related shareholder proposals and an evaluation whether each proposal is on a material topic . I also have 14 different firm variables, like total assets, Research & development expenses, etc. One of the analyses I want to do is test whether there are differences in firm characteristics between firms who receive a material proposal and firms who receive an immaterial proposal. In addition I would like to test whether different shareholders (like hedge funds, labor unions, etc.) are more likely to propose material proposals.
Is it academically allowed to set a hypothesis incorporating multiple variables? For example, is it correct to state a hypothesis like:
H1: Firms that receive a material governance proposal have different firm characteristics than firms that receive an immaterial proposal
H2: Certain sponsor types file more material governance proposals than others
Usually, I see hypotheses stated in a way where 1 variable has an effect on another, but in this case that would mean stating 14 different hypotheses, one for each variable. Same goes for the sponsor types. How would one structure a hypothesis for such a test?
Thanks in advance & have a great day!
Marcus
I have a question regarding a topic I am currently exploring. I have a dataset with multiple governance-related shareholder proposals and an evaluation whether each proposal is on a material topic . I also have 14 different firm variables, like total assets, Research & development expenses, etc. One of the analyses I want to do is test whether there are differences in firm characteristics between firms who receive a material proposal and firms who receive an immaterial proposal. In addition I would like to test whether different shareholders (like hedge funds, labor unions, etc.) are more likely to propose material proposals.
Is it academically allowed to set a hypothesis incorporating multiple variables? For example, is it correct to state a hypothesis like:
H1: Firms that receive a material governance proposal have different firm characteristics than firms that receive an immaterial proposal
H2: Certain sponsor types file more material governance proposals than others
Usually, I see hypotheses stated in a way where 1 variable has an effect on another, but in this case that would mean stating 14 different hypotheses, one for each variable. Same goes for the sponsor types. How would one structure a hypothesis for such a test?
Thanks in advance & have a great day!
Marcus