Variable | AEM | ||
Equation (1) | Equation (2) | Equation (3) | |
UW | 1.11 | 1.12 | 1.16 |
AUDIT | 1.11 | 1.11 | 1.12 |
CASH | 1.85 | 1.85 | 1.9 |
SIZE | 1.7 | 1.71 | 1.77 |
LEV | 1.69 | 1.69 | 1.62 |
GROWTH | 1.34 | 1.34 | 1.35 |
VC | 1.12 |
|
|
UNION |
| 1.22 | 1.16 |
SINGLE |
| 1.18 |
|