| Coefficients | |||
Variables | Alternatives | fullest (a) | Subset (b) | Difference (a-b) |
Market Adjusted Return | SEC Filing | −0.3958 | 0.5738 | −0.9697 |
Poison pills | SEC Filing | −2.1961 | −0.4999 | −1.6962 |
Block-holder ownership | SEC Filing | −20.6261 | 1.0979 | −21.7239 |
Shareholder Proposal Submittal in Prior Year (square root) | SEC Filing | −1.9537 | −0.1126 | −1.8412 |
Industry adjusted Log Total Asset | Voted | 0.0097 | 0.2616 | −0.2519 |
Board Independence | Voted | −4.5999 | −0.4052 | −4.1947 |
Institutional Ownership | Voted | 1.6977 | −0.1116 | 1.8092 |
Industry adjusted Free Cash Flow scaled by total asset | Voted | 0.1305 | −0.0249 | 0.1553 |
Industry adjusted Leverage Ratio (square root) | Voted | 1.0523 | 0.0052 | 1.0471 |
Industry adjusted Log Total Asset | No further actions after Media Threat | 0.0496 | 0.1370 | −0.0875 |
Board Independence | No further actions after Media Threat | −4.7647 | 1.8810 | −6.6457 |
Institutional Ownership | No further actions after Media Threat | −0.6419 | −0.7339 | 0.0920 |
Industry adjusted Free Cash Flow scaled by total asset | No further actions after Media Threat | −0.1336 | −0.3579 | 0.2244 |
Industry adjusted Log Leverage Ratio | No further actions after Media Threat | 0.5805 | −0.4258 | 1.0064 |