Non-standardization coefficient

Standardization coefficient

t

Sig.

B

Standard error

Trial version

Constant term

15.101

6.013

2.511**

0.016

Ts

−0.478

0.318

−0.183

−1.502

0.141

Rate

4.214

1.797

0.301

2.345**

0.024

Ln(Asset)

−0.920

0.274

−1.494

−3.355***

0.002

Lev

4.805

2.080

0.657

2.311**

0.026

Betaval

−0.601

1.106

−0.091

−0.543

0.590

BM

2.475

1.320

0.522

1.875*

0.068

Fsr

1.776

1.081

0.287

1.642

0.108

Pfirs

5.827

1.364

0.532

4.273***

0.000

State

1.158

0.605

0.313

1.914*

0.063

R² = 0.517 adjustment R² = 0.411 F = 4.875