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log: /Users/baum/Desktop/327xtdes1.smcl
log type: smcl
opened on: 17 Jan 2008, 09:24:34
. use http://fmwww.bc.edu/cfb/boyan/UDCL_IRRC_3,clear
. desc
Contains data from http://fmwww.bc.edu/cfb/boyan/UDCL_IRRC_3.dta
obs: 25,105
vars: 82 20 Nov 2007 15:16
size: 7,104,715 (99.5% of memory free)
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storage display value
variable name type format label variable label
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dnum int %8.0g industry classification code
cnum str6 %6s cusip issuer code
smbl str7 %7s stock ticker symbol
date long %d fiscal year
data1 double %10.0g cash and short-term investments
(mm$)
data2 double %10.0g receivables - total (mm$)
data5 double %10.0g current liabilities - total
(mm$)
data6 double %10.0g assets - total (mm$)
data12 double %10.0g sales (net) (mm$)
data13 float %9.0g operating income before deprec.
(mm$)
data14 float %9.0g depreciation and amortization
(mm$)
data18 float %9.0g income before extraordinary
items (mm$)
data21 float %9.0g dividends - common (mm$)
data128 float %9.0g capital expenditures (scf) (mm$)
coname str28 %28s company name
yeara float %8.0g fiscal year
company str48 %48s company name
blankcheck byte %8.0g blank check preferred
cboard byte %8.0g classified board
fairprice byte %8.0g fair price
supermajor byte %8.0g supermajority to approve merger
antigreen byte %8.0g antigreenmail
lwcnst byte %8.0g limit ability to act by written
consent
lspmt byte %8.0g limit ability to call special
meeting
dutiesnf byte %8.0g director's duties--nonfinancial
impact
dualclass byte %8.0g dual class common stock
uneqvote byte %8.0g unequal voting rights
lachtr byte %8.0g limit ability to amend charter
ppill byte %8.0g poison pill
advnr byte %8.0g advance notice requirements
confvote byte %8.0g confidential voting
exsvchg byte %8.0g change in control provisions
sparachute byte %8.0g silver parachute
pparachute byte %8.0g pension parachute
cumvote byte %8.0g cumulative voting
labylw byte %8.0g limit ability to amend bylaws
compplan byte %8.0g compensation plan with change
in control
cumvotess byte %8.0g substantial shareholder
gparachute byte %8.0g golden parachutes
oo_buscomp byte %8.0g opt out of buscomb/freezeout law
oo_cashout_pa byte %8.0g opt out of control share
cashout law (pa)
oo_csa byte %8.0g opt out of control share
acquisition law(csa)
oo_duties byte %8.0g opt out of directors duties law
oo_fairprice byte %8.0g opt out of fair price law
oo_rprofits byte %8.0g opt out of recapture of profits
law
oi_bc_ga byte %8.0g opt in to buscomb/freezeout
law(ga)
oi_fp_ga byte %8.0g opt in to fair price law(ga)
oi_csa byte %8.0g opt in to control share
acquisition law(csa)
exch str6 %6s stocke exchange
dirind byte %8.0g director indemnification
dirindc byte %8.0g indemnification contracts
dirliab byte %8.0g director liability
execsv byte %8.0g executive severance agreement
state str2 %2s state of incorporation
de_inc byte %8.0g delaware incorporation
sl_buscomp byte %8.0g business combination law
sl_fairprice byte %8.0g fair price law
sl_csa byte %8.0g control share acquisition law
sl_rprofits byte %8.0g recapture of profits law
sl_cashout byte %8.0g cash out law
sl_duties byte %8.0g director's duties law
date1 long %d beginning day. date used to
create range of time when irrc
data is applicable.
date2 long %d ending day. date used to create
range of time when irrc data is
applicable.
gindex byte %8.0g governance index (gompers,
ishii, metrick)
secretballot byte %8.0g combined secret ballot
goldenparachute byte %8.0g combined golden parachutes
severance byte %8.0g combined severance
page int %8.0g irrc page number
yr_reinc byte %8.0g year of reincorporation
ecumvote byte %8.0g eliminate cumulative voting
empc byte %8.0g employee contracts
scrtbt byte %8.0g secret ballot
cik str10 %10s cik
mergecusip byte %8.0g
mergeticker byte %8.0g
matched float %9.0g
prsd float %9.0g
TB3MS double %10.0g (mean) TB3MS
dlead float %9.0g (mean) dlead
leadinc_v double %10.0g (mean) leadinc_v
infl_v double %10.0g (mean) infl_v
firmid long %8.0g firmid cusip issuer code
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Sorted by: firmid yeara
. tsset
panel variable: firmid (unbalanced)
time variable: yeara, 1990 to 2006, but with gaps
. xtdes
firmid: 1, 2, ..., 3218 n = 3219
yeara: 1989, 1990, ..., 2006 T = 18
Delta(yeara) = 1; (2006-1989)+1 = 18
(firmid*yeara uniquely identifies each observation)
Distribution of T_i: min 5% 25% 50% 75% 95% max
1 1 3 7 12 17 17
Freq. Percent Cum. | Pattern
---------------------------+--------------------
502 15.59 15.59 | .11111111111111111
272 8.45 24.04 | .........111111111
226 7.02 31.07 | .............11111
193 6.00 37.06 | ...............111
172 5.34 42.40 | .................1
98 3.04 45.45 | .11111111.........
87 2.70 48.15 | ...........1111111
78 2.42 50.57 | .1111111111111111.
75 2.33 52.90 | .............1111.
1516 47.10 100.00 | (other patterns)
---------------------------+--------------------
3219 100.00 | XXXXXXXXXXXXXXXXXX
. log close
log: /Users/baum/Desktop/327xtdes1.smcl
log type: smcl
closed on: 17 Jan 2008, 09:26:31
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