ETR

Regression coefficients

Coefficient standard deviation

Coefficient t statistic

p

Constant

−110.223

90.814

−1.21

0.225

CTR

2.747

3.770

0.73

0.467

MRS

54.266***

10.752

5.05

0.000

LEV

−11.515

18.504

−0.62

0.534

SIZE

3.731

4.061

0.92

0.359

ROA

18.378

28.840

0.64

0.524

GROWTH

−0.052

0.245

−0.21

0.831

TOP1

−58.693**

25.614

−2.29

0.022

Adj-R²

0.071

F

5.06