Table 6

Logit model – social startups, social capital and board of directors

VariablesSocial startup
Logit comparison sample
Feminine prevalence0.587***
(0.162)
Juvenile prevalence0.275+
(0.153)
Foreign prevalence0.039
(0.325)
Constant−3.594***
(0.082)
Observations7,689
Wald χ217.957***
Pseudo-R20.007
Log-likelihood−1.1e+03

Note(s): The output reports the regression coefficients and, in parentheses, robust standard errors

+p < 0.10, *p < 0.05, **p < 0.01, ***p < 0.001

Source(s): Authors’ own work

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