Parameter estimates | Estimate | S.E. | Standardized regression weights | p value | ||
busyness | <--- | IBUSY | 1 | 0.335 | ||
busyness | <--- | OBUSYD | 1.598 | 1.584 | 0.853 | 0.313 |
busyness | <--- | OBUSYC | 0.535 | 1.314 | 0.15 | 0.684 |
ownership | <--- | ProOwn | 1 | 0.992 | ||
ownership | <--- | InstOwn | 0.494 | 0.15 | 0.374 | *** |
ownership | <--- | FIIOwn | 1.17 | 0.216 | 0.695 | *** |
board | <--- | Bsize | 1 | 0.755 | ||
board | <--- | Bind | 0.167 | 0.052 | 0.422 | 0.001 |
board | <--- | Bmeet | 0.893 | 0.495 | 0.211 | 0.071 |
board | <--- | Duality | 4.109 | 1.245 | 0.43 | *** |
board | <--- | busyness | −0.346 | 0.335 | −0.372 | 0.301 |
ROA | <--- | Fage | 0.006 | 0.003 | 0.04 | 0.05 |
ROE | <--- | Fage | 0.037 | 0.009 | 0.099 | *** |
TobinsQ | <--- | Fage | −0.124 | 0.068 | −0.038 | 0.067 |
ROA | <--- | Fsize | −0.013 | 0.002 | −0.173 | *** |
ROE | <--- | Fsize | −0.022 | 0.005 | −0.127 | *** |
TobinsQ | <--- | Fsize | −0.383 | 0.037 | −0.254 | *** |
ROA | <--- | Lev | −0.21 | 0.011 | −0.395 | *** |
ROE | <--- | Lev | 0.096 | 0.03 | 0.076 | 0.001 |
TobinsQ | <--- | Lev | −2.62 | 0.24 | −0.235 | *** |
ROA | <--- | Sgrowth | 0 | 0 | 0.002 | 0.911 |
ROE | <--- | Sgrowth | 0 | 0 | −0.019 | 0.395 |
TobinsQ | <--- | Sgrowth | 0 | 0 | 0.005 | 0.809 |
ROA | <--- | ownership | 0 | 0 | 0.052 | 0.018 |
ROE | <--- | ownership | 0 | 0 | −0.023 | 0.335 |
TobinsQ | <--- | ownership | 0.034 | 0.003 | 0.29 | *** |
ROA | <--- | board | 0.003 | 0.001 | 0.166 | *** |
ROE | <--- | board | 0.006 | 0.001 | 0.12 | *** |
TobinsQ | <--- | board | 0.045 | 0.011 | 0.104 | *** |