Let's say the title is "The Influence of (x) determinants on (y) performance: an empirical study on country (z)".Considering that one of the objectives of the study is " to identify the main determinants of (x) in the country (z). In light of the first component of the title, namely, 'Determinants of (X),' what recommendations can be provided regarding the selection of an appropriate statistical methodology for the identification of the principal factors? This is a crucial step to progress towards the subsequent phase of the analysis, which involves the examination of the effects of the selected determinants (fewer variables) on the performance metric (Y). It is pertinent to note that there are 20 variables designated as determinants or antecedent variables, all of which have been quantified using financial ratios, and I would like to decrease the number of these variables. I would greatly appreciate it if you could kindly spare some of your valuable time to address my inquiry.