Variable

Tobin Q 1

ENV

Tobin Q 3

α

p

β

p

γ

p

STR

−0.119

0.028*

0.334

0.000**

−0.101

0.093

ENV

−0.13

0.023*

LEVERAGE

−0.521

0.000**

0.010*

0.881

−0.482

0.000**

GROWTH

0.002**

0.966

−0.049*

0.425

−0.012*

0.83

R2

0.316

0.108

0.303