Variable

Model I

Model II

Model III

Co-efficient B

Wald statistics

Exp (B)

Hazard ratio

Co-efficient

B

Wald statistics

Exp (B)

Hazard ratio

Co-efficient

Wald statistics

Exp (B)

Hazard ratio

PAT/NW

−0.0037975

−4.19***

0.9962097

PAT/CE

−0.0563988

−5.95***

0.9451621

INTCOV

−0.0108472

−2.22**

0.9892115

DE

0.0038621

1.94**

1.00387

AGE

0.1722198

1.96**

1.187939

GDPGR

0.3498395

6.98***

1.41884

BSE return

−4.056658

−1.96**

0.0173068

ER

4.926206

1.88*

137.8555

BETA

0.8467657

2.92***

2.332092

EPS

−0.0090507

−6.24***

0.9909902

MKTCAP/DEBT

0.5254038

2.28**

1.691142

−2LL (b = 0)

1196.530

1196.530

1196.530

−2LL

1065.635

1154.195

1151.457

Prob > chi2=

0.0000

0.0000

0.0000