Variable in regression equation

Coefficient

Standard

deviation

t-test

p-value

Tolerance

VIF

Intercept

55.212

0.564

97.840

0.000

Woman GUO (dummy)

1.883

0.325

5.795

0.000

0.925

1.082

Logarithm of total assets

−3.696

0.076

−48.586

0.000

0.919

1.088

Logarithm of company age

0.478

0.180

2.655

0.008

0.935

1.069

Manufacturing (dummy)

−4.468

0.466

−9.589

0.000

0.912

1.097

Construction (dummy)

−2.657

0.328

−8.100

0.000

0.870

1.150

Hotels and restaurants (dummy)

−7.947

0.685

−11.600

0.000

0.967

1.034

Wholesale and retail trade (dummy)

−15.302

0.353

−43.392

0.000

0.891

1.123