Variable | Coefficient | Std. Error | t-Statistic | Prob. |
C | 58.69574 | 1.879444 | 31.23037 | 0.0000 |
Audit Committee Size | −0.689690 | 0.124718 | −5.530004 | 0.0000 |
Audit Committee Independence | 5.293052 | 0.638448 | 8.290495 | 0.0000 |
Audit Committee Meetings | −0.013522 | 0.027806 | −0.486302 | 0.6269 |
Audit Committee Expertise | −3.611554 | 0.635687 | −5.681341 | 0.0000 |
Audit Committee Gender | −17.30807 | 1.217635 | −14.21450 | 0.0000 |
Firm Size | −7.689621 | 0.255651 | −30.07856 | 0.0000 |
Big 4 | 1.470544 | 0.271919 | 5.408017 | 0.0000 |
Block Holder Ownership | −7.592850 | 0.734041 | −10.34391 | 0.0000 |
Managerial Ownership | 0.731234 | 0.692453 | 1.056005 | 0.2914 |
Firm Leverage | 5.079547 | 0.532245 | 9.543628 | 0.0000 |
R-squared | 0.841208 |
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Adjusted R-squared | 0.837129 |
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F-statistic | 206.2256 |
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Prob (F-statistic) | 0.000000 |
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