| Dependent variable: Lnfee | Collinear statistic | Dependent variable: Lnfee | Collinear statistic | ||
| Tolerance | VIF | Tolerance | VIF | ||
| (constant) | Lnnum | 0.323 | 3.097 | ||
| Lnnum | 0.664 | 1.506 | Lnasset | 0.587 | 1.705 |
| Local | 0.700 | 1.428 | Lev | 0.591 | 1.692 |
| Lnasset | 0.587 | 1.704 | Big4 | 0.860 | 1.163 |
| Lev | 0.591 | 1.692 | Opinion | 0.957 | 1.045 |
| Big4 | 0.862 | 1.160 | A | 0.972 | 1.029 |
| Opinion | 0.957 | 1.045 | B | 0.933 | 1.071 |
| A | 0.972 | 1.028 | C1 | 0.903 | 1.107 |
| B | 0.933 | 1.071 | C4 | 0.962 | 1.039 |
| C1 | 0.903 | 1.107 | C9 | 0.813 | 1.229 |
| C4 | 0.963 | 1.039 | D | 0.865 | 1.156 |
| C9 | 0.814 | 1.228 | E | 0.920 | 1.087 |
| D | 0.866 | 1.154 | F | 0.905 | 1.105 |
| E | 0.920 | 1.087 | G | 0.915 | 1.093 |
| F | 0.906 | 1.103 | H | 0.987 | 1.013 |
| G | 0.915 | 1.092 | I | 0.853 | 1.173 |
| H | 0.987 | 1.013 | K | 0.812 | 1.232 |
| I | 0.853 | 1.173 | L | 0.971 | 1.030 |
| K | 0.812 | 1.231 | M | 0.979 | 1.022 |
| L | 0.971 | 1.030 | N | 0.971 | 1.030 |
| M | 0.980 | 1.020 | P | 0.993 | 1.007 |
| N | 0.975 | 1.025 | Q | 0.994 | 1.006 |
| P | 0.993 | 1.007 | R | 0.971 | 1.030 |
| Q | 0.994 | 1.006 | S | 0.982 | 1.019 |
| R | 0.971 | 1.030 | Local | 0.027 | 37.415 |
| S | 0.982 | 1.019 | Lnnum × Local | 0.021 | 46.618 |