RE

Regression coefficients

Coefficient standard deviation

Coefficient t statistic

p

Constant

1.986

37.840

0.05

0.958

CTR

−0.479

1.581

−0.30

0.762

MRS

−19.004***

4.999

−3.80

0.000

LEV

−2.503

7.014

−0.36

0.721

SIZE

−0.582

1.659

−0.35

0.726

ROA

−14.221

9.891

−1.44

0.151

GROWTH

0.010

0.044

0.24

0.814

TOP1

20.626

10.398

1.98

0.048

Adj-R2

0.019

F

3.09