Dependent Variable: ROA

Variables

Fixed Effect

(FE)

t-Statistics

Prob. Value

Random Effect

(RE)

Z-Statistics

Prob. Value

QR

−0.0047

−1.37

0.190

−0.0032

−0.76

0.446

TATR

15.473

3.10*

0.007

9.0567

3.01*

0.003

ICR

2.7737

8.91*

0.000

2.7249

8.47*

0.000

CAR

0.0213

0.86

0.403

0.0046

0.19

0.847

C

−1.3421

−2.41**

0.028

−0.5040

−1.07

0.285

Hausman test

-

1.72 (0.7869)