Variable in regression equation

Coefficient

Standard

deviation

t-test

p-value

Tolerance

VIF

Intercept

3.709

0.649

5.714

0.000

Woman GUO (dummy)

0.093

0.382

0.242

0.809

0.941

1.062

Logarithm of total assets

3.287

0.084

39.040

0.000

0.941

1.063

Logarithm of company age

−2.619

0.210

−12.476

0.000

0.949

1.054

Manufacturing (dummy)

−6.665

0.558

−11.946

0.000

0.927

1.079

Construction (dummy)

−7.772

0.397

−19.584

0.000

0.891

1.123

Hotels and restaurants (dummy)

−10.242

0.803

−12.762

0.000

0.971

1.029

Wholesale and retail trade (dummy)

−7.144

0.409

−17.448

0.000

0.908

1.102