Variable in regression equation

Coefficient

Standard

deviation

t-test

p-value

Tolerance

VIF

Intercept

45.353

0.932

48.655

0.000

Woman GUO (dummy)

0.024

0.551

0.043

0.966

0.949

1.054

Logarithm of total assets

0.204

0.118

1.719

0.086

0.952

1.050

Logarithm of company age

5.403

0.300

18.035

0.000

0.957

1.045

Manufacturing (dummy)

−8.092

0.813

−9.951

0.000

0.933

1.072

Construction (dummy)

−7.255

0.573

−12.652

0.000

0.902

1.109

Hotels and restaurants (dummy)

−21.227

1.188

−17.861

0.000

0.975

1.026

Wholesale and retail trade (dummy)

−9.830

0.593

−16.587

0.000

0.915

1.093