| Parameter | SD | t-statistic | p-value |
ACQUI | 1.587 | 0.771 | 2.06 | 0.041 |
LnASSET | −0.173 | 0.077 | −2.23 | 0.027 |
LEVER | 0.049 | 0.013 | 3.86 | 0.000 |
ROA | −0.260 | 0.077 | −3.36 | 0.001 |
CURREN | −0.716 | 0.204 | −3.51 | 0.001 |
TERM | −0.378 | 0.072 | −5.23 | 0.000 |
TURN | −0.006 | 0.002 | −3.80 | 0.000 |
LnGDP | −17.787 | 2.918 | −6.10 | 0.000 |
_cons | 247.142 | 40.527 | 6.10 | 0.000 |
n | 254 |
|
|
|
R-squared | 0.3861 |
|
|
|
F | 24.95 |
|
| 0.000 |