Outreach

Repayment

Efficiency

Profitability

Descriptions

Nab

Albpb

par 30

par 90

Oer

Cpb

oss

pm

roa

roe

Constant

11.157***

7.124***

0.151***

0.113**

0.274***

2.235***

1.022***

0.281

0.003

0.003457

(36.12)

(28.16)

(2.67)

(2.13)

(10.44)

(38.24)

(10.41)

(0.55)

(0.26)

(0.37)

LI

−0.5742**

−0.615**

−0.301**

−0.098**

0.157***

0.105*

0.373***

0.417***

0.019*

0.021**

(−2.08)

(−2.24)

(−2.02)

(−1.99)

(5.61)

(1.78)

(2.67)

(2.97)

(1.93)

(2.03)

R Square

0.0143

0.0878

0.0087

0.0048

0.0958

0.0105

0.015

0.018

0.0083

0.0035

HM Statistic

37.75

6.901

2.15

1.66

6.34

0.02

0.47

0.21

3.47

(0.37)

p-value

[0.001]

[0.0086]

[0.142]

[0.198]

[0.0118]

[0.9015]

[0.4939]

[0.6445]

[0.0624]

0.0207

BP Statistic

400.3

90.45

4.02

1.92

97.5

324.55

38.31

0.07

46.18

(2.03)

p-value

[0.001]

[.0001]

[0.0550]

[0.167]

[.0001]

[.0001]

[.0001]

[0.7939]

[.0001]

(0.976)

Model

FE

FE

RE

RE

RE

RE

RE

FE

RE

FE