Hi all!
I am struggling with an issue in writing my thesis: I am conducting a study about the effects of compensation on firms. One of the hypotheses (H2) argues that the amount of shares a manager possesses ex ante negatively moderates the (presumed) positive relationship of compensation on firms. However, this presumed positive relationship (H1), turns out to be a negative relationship in fact. H2 is indeed significantly negative in terms that it makes H1 more negative. Now my question is: Does this confirm my hypothesis 2 or not? Because technically it moderates it negatively, but it was based on the assumption that it would make the positive relation less positive, and not a negative relation more negative.
Thank you in advance for your help!
I am struggling with an issue in writing my thesis: I am conducting a study about the effects of compensation on firms. One of the hypotheses (H2) argues that the amount of shares a manager possesses ex ante negatively moderates the (presumed) positive relationship of compensation on firms. However, this presumed positive relationship (H1), turns out to be a negative relationship in fact. H2 is indeed significantly negative in terms that it makes H1 more negative. Now my question is: Does this confirm my hypothesis 2 or not? Because technically it moderates it negatively, but it was based on the assumption that it would make the positive relation less positive, and not a negative relation more negative.
Thank you in advance for your help!