Parameter estimates

Estimate

S.E.

Standardized

Regression weights

p value

Ownership

<---

ProOwn

1

0.996

Ownership

<---

InstOwn

0.531

0.153

0.406

***

Ownership

<---

FIIOwn

1.163

0.221

0.682

***

TobinsQ

<---

Ownership

0.033

0.003

0.283

***

ROA

<---

Ownership

0.000

0.000

0.044

0.045

ROE

<---

Ownership

0.000

0.000

−0.030

0.221

TobinsQ

<---

Fsize

−0.341

0.034

−0.232

***

ROA

<---

Fsize

−0.009

0.002

−0.129

***

ROE

<---

Fsize

−0.016

0.004

−0.095

***

TobinsQ

<---

Fage

−0.085

0.068

−0.026

0.213

ROA

<---

Fage

0.009

0.003

0.060

0.004

ROE

<---

Fage

0.042

0.009

0.113

***

TobinsQ

<---

Lev

−2.662

0.242

−0.238

***

ROA

<---

Lev

−0.214

0.011

−0.400

***

ROE

<---

Lev

0.090

0.030

0.070

0.003

TobinsQ

<---

Sgrowth

0.000

0.000

0.002

0.913

ROA

<---

Sgrowth

0.000

0.000

−0.002

0.915

ROE

<---

Sgrowth

0.000

0.000

−0.022

0.324