Dependent Variable: ROE | ||||
Method: Panel Least Squares | ||||
Sample (adjusted): 2014 2017 | ||||
Periods included: 4 | ||||
Cross-sections included: 21 | ||||
Total panel (unbalanced) observations: 68 | ||||
Variable | Coefficient | Std. Error | t-Statistic | Prob. |
CEO_DUALITY | −0.092251 | 0.047594 | −1.938280 | 0.0574 |
BOARD_SIZE | −0.004696 | 0.009112 | −0.515288 | 0.6083 |
BOD_MEETINGS | 0.002404 | 0.004110 | 0.584994 | 0.5608 |
IND | −0.089442 | 0.075796 | −1.180044 | 0.2427 |
GENDER_DIVERSITY | 0.131063 | 0.226178 | 0.579467 | 0.5645 |
R-squared | 0.189217 | Mean dependent var | 0.144459 | |
Adjusted R-squared | 0.079280 | S.D. dependent var | 0.161306 | |
S.E. of regression | 0.154780 | Akaike info criterion | −0.770886 | |
Sum squared resid | 1.413457 | Schwarz criterion | −0.477128 | |
Log likelihood | 35.21012 | Hannan-Quinn criter. | −0.654490 | |
F-statistic | 1.721145 | Durbin-Watson stat | 0.951301 | |
Prob(F-statistic) | 0.112355 |
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