roe

Coef.

Std. Err.

t

P > |t|

[95% Conf. Interval]

inst_own

−.0035857

.0587106

−.06

.951

−.1190231

.1118516

managerial_own

.1597795

.1463918

1.09

.276

−.1280576

.4476165

ownconc

3.214506

6.752128

.48

.634

−10.06159

16.49061

_cons

23.06156

5.152828

4.48

.000

12.93002

33.1931

sigma_u

22.038319

sigma_e

17.00543

rho

.62679696

(fraction of variance due to u_i)