Pairwise correlations
Variables
(1) dte
(2) lbs
(3) ned
(4) inst
(5) insd
(6) roa
(7) lta
(8) div
(1)
1.000
-0.074
0.045
0.148
-0.188*
-0.247*
0.137
0.030
(2)
(3)
(4)
(5)
(6)
(7)
(8)
1.000
0.104
0.095
-0.345*
0.242*
0.397*
0.195*
1.000
-0.276*
-0.246*
-0.003
0.017
-0.070
1.000
-0.239*
-0.049
0.133
0.190*
1.000
-0.225*
-0.461*
-0.291*
1.000
0.339*
0.558*
1.000
0.309*
1.000
* shows significance at the .05 level
Linear regression
dte
bs
ned
inst
o.insth
insd
roa
ta
div
Constant
Coef.
-1.923
0.174
0.511
0.000
-0.812
-6.294
0.347
0.003
2.444
Mean dependent var
R-squared
F-test
Akaike crit. (AIC)
St.Err.
0.978
0.331
0.737
.
0.422
1.387
0.151
0.002
0.959
1.485
0.185
5.360
515.736
t-value
-1.97
0.53
0.69
.
-1.92
-4.54
2.30
1.88
2.55
p-value
[95% Conf
Interval]
Sig
0.051
0.600
0.489
.
0.056
0.000
0.022
0.062
0.012
-3.853
-0.480
-0.944
.
-1.645
-9.034
0.050
0.000
0.550
0.008
0.828
1.966
.
0.022
-3.555
0.644
0.006
4.338
*
SD dependent var
Number of obs
Prob > F
Bayesian crit. (BIC)
*
***
**
*
**
1.140
173.000
0.000
540.962
*** p<0.01, ** p<0.05, * p<0.1
Linear regression
dte
lbs
ned
inst
insd
roa
size
div
Constant
Coef.
-1.923
0.174
0.511
-0.812
-6.294
0.347
0.003
2.444
Mean dependent var
R-squared
F-test
Akaike crit. (AIC)
St.Err.
0.978
0.331
0.737
0.422
1.387
0.151
0.002
0.959
1.485
0.185
5.360
515.736
t-value
-1.97
0.53
0.69
-1.92
-4.54
2.30
1.88
2.55
p-value
[95% Conf
Interval]
Sig
0.051
0.600
0.489
0.056
0.000
0.022
0.062
0.012
-3.853
-0.480
-0.944
-1.645
-9.034
0.050
0.000
0.550
0.008
0.828
1.966
0.022
-3.555
0.644
0.006
4.338
*
SD dependent var
Number of obs
Prob > F
Bayesian crit. (BIC)
*** p<0.01, ** p<0.05, * p<0.1
1
1.140
173.000
0.000
540.962
*
***
**
*
**