| Variable | Coefficient | Std. Error | t-Statistic | Prob. |
| LNPL | 0.172 | 0.146 | 1.182 | 0.239 |
| LNPK | 0.006 | 0.016 | 0.411 | 0.682 |
| LNPF | 0.135* | 0.079 | 1.712 | 0.089 |
| LNRISK | −0.975* | 0.268 | −3.644 | 0.000 |
| LNASSET | −0.241** | 0.065 | −3.720 | 0.000 |
| R-squared | 0.371 | |||
| Adj.R-squared | 0.281 | |||
| F-statistic | 4.106 | |||
| F-test | 4.804 | - | 0.000 | |
| Hausman-Test | 27.952 | - | 0.000 | |
| H0:H = 1 | 41.777 | - | 0.000 | |
| H1:H = 0 | 0.088 | - | 0.766 | |