Variable

Coefficient

Std. Error

t-Statistic

Prob.

C

0.002859

0.001021

2.801115

0.0065*

LEV

0.005820

0.001557

3.738351

0.0004*

ROA

−0.002847

0.001229

−2.316538

0.0233**

DUAL

−0.0004280

0.000129

−3.317708

0.0014*

BS

0.000147

5.99E−05

2.455913

0.0164**

SIZE

−0.000212

6.79E−05

−3.121909

0.0026*

R-squared

Adjusted R-squared

S.E. of regression

F-statistic

Prob (F-statistic)

0.384308

0.342708

0.000430

9.238008

0.000001

Mean dependent var

S.D. dependent var

Sum squared resid

Durbin-Watson stat

Total panel observations

0.000626

0.000530

1.37E−05

0.846280

80