Table 11

Quantitative analysis of corporate Culture's influence on risk disclosures

VariablesBUSINESSRISKOPERATIONALRISKFINANCIALRISKTOTALRISK
CORPCULTURE0.852***1.049***0.134***1.037***
 (0.015)(0.014)(0.017)(0.011)
CONST and CONTROLSYesYesYesYes
YEAR_FEYesYesYesYes
INDUSTRY_FEYesYesYesYes
Observations1,4801,4801,4801,480
R-squared0.7530.8460.1650.887
Adj R-squared0.7430.8400.1340.883
F (Sig)80.34 (0.000)144.5 (0.000)5.226 (0.000)207.8 (0.000)

Note(s): Standard errors in parentheses. Variable definitions are located in  Appendix 3. ***p < 0.01, **p < 0.05, *p < 0.10

Source(s): Table created by author

[ViewLarge]
This Feature Is Available To Subscribers Only

or Create an Account

Close Modal
Close Modal

Gift article access

As a benefit of your subscription, you can share temporary access to restricted articles.

Each link will stop working after 30 days or 10 uses. You may create up to 10 links in a 30 day period.

Please sign in to your personal account to gift article access.

Register

Gift article access

As a benefit of your subscription, you can share temporary access to restricted articles.

Each link will stop working after 30 days or 10 uses. You may create up to 10 links in a 30 day period.

Gift articles remaining: --

Gift article access

Each link will stop working after 30 days or 10 uses. You may create up to 10 links in a 30 day period.

Gift articles remaining: --

Gift article access

As a benefit of your subscription, you can share temporary access to restricted articles.

Each link will stop working after 30 days or 10 uses.

You have reached the limit of 10 links within a 30 day period.

Sharing Unavailable

Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.