Dependent Variable

Firm Performance ROA

EPS

VAR

−0.0134 (−72.677)***

−0.063 (−3.7634)*

Family Control

0.0034 (16.372)***

0.0067 (6.701)**

Growth Opportunities

0.000067 (6.3341)*

0.000676 (6.334)**

Bank. Dummy

−0.000072 (−6.734)*

−0.00076 (−17.676)**

Board Independence

0.07272 (7.776)**

0.011 (6.0334)*

Board Size

0.0134 (16.31)**

0.0172 (7.6720)**

CEO Duality

0.07276 (72.6776)***

0.0720 (72.720)**

Audit Committee Independence

0.0072 (0.1720)

0.0630 (0.7667)

Firm Size

−0.0076 (−72.7276)***

−0.0010 (−0.347)

−0.0076 (1.341)

−0.0072 (72.71)***

0.000067 (0.7676)

0.000776 (0.7272)

R2

0.367

0.49