Dependent Variable: FIRM_LEVERAGE

Variable

Coefficient

Std. Error

t-Statistic

Prob.

FOREIGN_OWNERSHIP

−0.333800

0.270919

−1.232103

0.2189

C

0.796914

0.226215

3.522819

0.0005

R-squared

0.005262

Mean dependent var

0.549438

Adjusted R-squared

0.001796

S.D. dependent var

1.770728

S.E. of regression

1.769137

Akaike info criterion

3.985757

Sum squared resid

898.2658

Schwarz criterion

4.011130

Log likelihood

−573.9419

Hannan-Quinn criter.

3.995924

F-statistic

1.518079

Durbin-Watson stat

1.767062

Prob(F-statistic)

0.218919