Hello everyone,
I have conducted a panel data using an OLS model to get residuals and use them as the main proxy for firm investment inefficiency which is used as the dependent variable in the next regression model. However, the model has a R squared value of 0,000 as shown in attachment. I think something went wrong in this case. I will be very thankful if someone can help me on this matter.
I have conducted a panel data using an OLS model to get residuals and use them as the main proxy for firm investment inefficiency which is used as the dependent variable in the next regression model. However, the model has a R squared value of 0,000 as shown in attachment. I think something went wrong in this case. I will be very thankful if someone can help me on this matter.
