H0: linear model H1: PSTR model that has at least one threshold value | ||
Transition Variable: shareholding proportion of the largest shareholder | ||
| Statistics | P-value |
Wald Tests (LM) | 41.080*** | 0.001 |
Fisher Tests (LMF) | 2.356*** | 0.002 |
LRT Tests (LRT) | 46.041*** | 0.000 |