Dependent Variable: ROA

Variables

Fixed Effect

(FE)

t-statistics

Prob.

Value

Random Effect

(RE)

Z-statistics

Prob. Value

QR

0.1189

2.77*

0.008

0.0856

2.58*

0.010

TATR

12.011

1.10

0.278

8.3932

0.84

0.399

ICR

4.3919

3.74*

0.001

4.7052

4.26*

0.000

CAR

−0.1862

−0.98

0.332

−0.0161

−0.81

0.419

C

−0.4466

−0.14

0.892

−2.3526

−1.91***

0.056

Hausman test

-

8.43* (0.000)