Variables | Coefficient | t value | P value |
Ii,t−1 | 0.2253*** | 17.8400 | 0.0000 |
Growthi,t−1 | 0.0014* | 1.9700 | 0.0660 |
Levi,t−1 | −0.0387*** | −3.4900 | 0.0030 |
Cashi,t−1 | 0.0421*** | 10.5300 | 0.0000 |
Sizei,t−1 | −0.0151*** | −7.6000 | 0.0000 |
Reti,t−1 | 0.0072*** | 12.8100 | 0.0000 |
Agei,t−1 | −0.0036*** | −5.5900 | 0.0000 |
Constant | 0.4163*** | 8.6800 | 0.0000 |
Year |
|
|
|
Industry |
| Yes |
|
Adj-R2 |
| 0.1569 |
|
Observations |
| 12,551 |
|