Dependent Variable: FIRM_LEVERAGE

Variable

Coefficient

Std. Error

t-Statistic

Prob.

MANAGERIAL_OWNERSHIP

−1.772151

1.407991

−1.258639

0.2120

BLOCK_HOLDER

−1.137350

1.899795

−0.598670

0.5512

C

1.973972

1.314769

1.501383

0.1374

R-squared

0.020807

Mean dependent var

0.968191

Adjusted R-squared

−0.004961

S.D. dependent var

3.321287

S.E. of regression

3.329515

Akaike info criterion

5.280765

Sum squared resid

842.5109

Schwarz criterion

5.370744

Log likelihood

−205.5902

Hannan-Quinn criter.

5.316814

F-statistic

0.807486

Durbin-Watson stat

2.564301

Prob(F-statistic)

0.449767