There are some good papers on Corporate Governance and some are on Uncertainty in which author created an index first like CG Index and Uncertainty Index and then they use these index values for their Research Work. but none of them explain the process of creating index clearly. Could someone tell me the way how to create an index for these such factors?
I am having the data from different newspapers and stock market for uncertainty and volatility and for corporate governance i am also having Data from different companies websites. Now i want to create an index for using that in my research work.
but i don't know how to create it.
Could any one please help me regarding that?
Hello
Here is my paper that explains the process of constructing Corporate Governance index, although I am not sure about uncertainty index. You can also follow several papers that are cited in this paper. Hope this helps.
Faizul Haque , (2015),"Corporate governance and equity finance: an emerging economy
perspective", Journal of Financial Economic Policy, Vol. 7 Iss 3 pp. 233 - 250
http://www.emeraldinsight.com/doi/abs/10.1108/JFEP-11-2014-0070
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