Parameter estimates

Estimate

S.E.

Standardized

regression weights

p value

busyness

<---

IBUSY

1

0.422

busyness

<---

OBUSYD

1.077

0.941

0.725

0.252

busyness

<---

OBUSYC

0.719

1.095

0.254

0.511

board

<---

Bsize

1

0.747

board

<---

Bind

0.151

0.054

0.378

0.005

board

<---

Duality

4.142

1.333

0.430

0.002

board

<---

Bmeet

1.086

0.545

0.253

0.046

board

<---

busyness

−0.465

0.368

−0.393

0.207

TobinsQ

<---

board

0.041

0.011

0.095

***

ROA

<---

board

0.003

0.001

0.162

***

ROE

<---

board

0.006

0.001

0.122

***

TobinsQ

<---

Fsize

−0.228

0.035

−0.153

***

ROA

<---

Fsize

−0.011

0.002

−0.155

***

ROE

<---

Fsize

−0.023

0.004

−0.136

***

TobinsQ

<---

Fage

−0.284

0.070

−0.087

***

ROA

<---

Fage

0.005

0.003

0.032

0.117

ROE

<---

Fage

0.038

0.008

0.102

***

TobinsQ

<---

Lev

−3.434

0.240

−0.309

***

ROA

<---

Lev

−0.217

0.011

−0.409

***

ROE

<---

Lev

0.104

0.029

0.081

***

TobinsQ

<---

Sgrowth

0.000

0.001

0.008

0.708

ROA

<---

Sgrowth

0.000

0

0.002

0.905

ROE

<---

Sgrowth

0.000

0

−0.019

0.384