3.2 Panel Data Regression Equation
Based on the model test conducted, the model used in the
panel data regression in this study is a model Random Effect.
Panel data regression model established in this study is a
model of Random Effect. Based on the calculation of the
value of the constant coefficients, it can be determined the
following equation:
Stock Price = (intercept of sample firms) + 0,000000207 +
0.614144 EVA + 0,319652 MVA