Hello, I am asking for your advice, I have two independent variables with correlation of 0.5. The variables are as follows: (1) Family ownership, which refers to the family % in ownership (2) Founder, dummy variable with 1/0 if the manager is the founder The correlation is 0.5 as in some firms this is the same person. If I want to check the "PURE" impact of each variable on the dependent variable, what you suggest me to do? (PURE means, for example, the real impact of being founder w/o the ownership too). My first idea (that also checked) was to run the regression of founder impact only between similar ownship groups, but in this way I am loosing a lot of data that is not used and might help. Can you please give any clue how to handle with it? Thanks a lot!
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