How to do multiple regression using 30 banks' 7 years data?

Question

I want to find out the determinants of ceo compensation of banks. For this I will  be using 7 or 8 independent variables, the data for which has to be taken of 7 years from 30 banks. How do I do it in SPSS?

Answer 1

The easiest way is to run a multivariate regression using CEO compensation as the dependent variable and the factors as independent variables, treating each observation over the last seven years as a separate line item in your dataset.You need to be concerned about several things: normality of continuous variables,  the reliability and consistency of the factors (determined mathematically), and the homogeneity of the variance between the dependent variable and the independent variables.

 

Hope this helps.