Variable

Coefficients

Standard Error

t Stat

P-value

Intercept

−1.461

0.643

−2.271

0.024

Independent Director

0.007

0.012

0.561

0.575

Big Audit

1.266

0.394

3.211

0.001

Industry type

0.319

0.196

1.632

0.104

Profitability

−0.008

0.006

−1.466

0.144

Age

0.009

0.206

0.045

0.964

Firm Size

0.285

0.073

3.890

0.000