roe

Coef.

Std. Err.

t

P > |t|

[95% Conf. Interval]

inst_own

.0203023

.0592895

.34

.732

−.0962762

.1368808

managerial_own

.217275

.1475929

1.47

.142

−.072931

.5074811

board_size

.3027486

.7131231

.42

.671

−1.099437

1.704934

ownconc

4.400791

6.741562

.65

.514

−8.85487

17.65645

pid

.2220652

.1480938

1.50

.135

−.0691256

.513256

pwob

.1762324

.1174738

1.50

.134

−.0547517

.4072164

_cons

−1.707631

13.957

−.12

.903

−29.15072

25.73546

sigma_u

21.690988

sigma_e

16.920858

rho

.62168341

(fraction of variance due to u_i)