roa

Coef.

Std. Err.

t

P > |t|

[95% Conf. Interval]

inst_own

−.0084709

.019544

−.43

.665

−.0468995

.0299577

managerial_own

.1143085

.0486521

2.35

.019

.0186458

.2099713

board_size

.1643638

.235072

.70

.485

−.2978487

.6265764

ownconc

.0967079

2.22227

.04

.965

−4.272852

4.466268

pid

.0121626

.0488172

.25

.803

−.0838248

.1081499

pwob

.0397556

.0387237

1.03

.305

−.0363853

.1158966

_cons

3.933847

4.600749

.86

.393

−5.11242

12.98011

sigma_u

5.2523704

sigma_e

5.5777457

rho

.46998353

(fraction of Variance due to u_i)