dear colleague,

now, i am done with my stat analysis- multiple regression with few control variables. wondering how could I write the equation?

the one i had for normal regression as follow:

Y = β0 + β1X1 +β2X2 + β3X3 + β4X4 + β5X5 + β6X6+ β7X7+ β8X8+ є

where Y = Shareholders’ Wealth (Proxy: Firm Value, EBIT, Revenue,)

X1 = Internal Environment

X2 = Objective Setting

X3 = Event Identification

X4 = Risk Assessment

X5 = Risk Response

X6 = Control Activities

X7 = Information and Communication

X8 = Monitoring

Є =Error Term

now my new analysis incorporated few control variables as follows:

-Revenue

-Industry

-Existence of separate ERM unit

-Existence of CRO

-Maturity of the ERM implementation

appreciate is someone could assist me. thanks