Variables | Coefficient | ABSDA Std. error | t-Statistic | Prob. |
INDEP | −0.0633*** | 0.0240 | −2.63 | 0.009 |
FAMILY | 0.0091 | 0.0480 | 0.19 | 0.850 |
FEMALE | −0.0053 | 0.0378 | −0.14 | 0.887 |
FOREIGN | −0.0051 | 0.0323 | −0.16 | 0.873 |
DUALITY | −0.0288*** | 0.0092 | −3.12 | 0.002 |
BIG4 | 0.0159 | 0.0141 | 1.13 | 0.026 |
LEV | 0.0317** | 0.0149 | 2.13 | 0.034 |
ROA | −0.1582*** | 0.0391 | −4.05 | 0.000 |
SIZE | −0.0145 | 0.0109 | −1.34 | 0.182 |
Constant | 0.1186** | 0.0566 | 2.09 | 0.037 |
Observations | 503 |
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R-Squared | 0.116 |
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Fixed effects | YES |
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