Table 6 Regression results Variable... | Emerald Publishing

Table 6

Regression results

Variable	Direct impact		Moderating effect
	Model 1a	Model 1b	Model 2a	Model 2b
	ROA	EPS	ROA	EPS
ACSIZE	4.40535	6.706796
p value	0.000***	0.018**
ACIND	0.250819	0.3723266
p value	0.000***	0.003***
ACEXPERT	0.098577	0.1478272
p value	0.026**	0.101
ACMEET	−1.317258	−2.632705
p value	0.000***	0.000***
ACSIZE * BIG4			3.357096	5.482599
p value			0.000***	0.000***
ACIND * BIG4			0.4255349	0.9216476
p value			0.000***	0.000***
ACEXPERT * BIG4			−0.0759161	−0.158679
p value			0.365	0.333
ACMEET * BIG4			−3.260419	−6.793092
p value			0.000***	0.000***
FAGE	−1.345276	2.366778	0.6364278	6.176742
p value	0.227	0.333	0.454	0.000***
FSIZE	−0.2726288	0.3571598	−1.091818	−1.119996
p value	0.572	0.658	0.007***	0.112
LEV	−7.230933	2.053772	−1.050496	10.55042
p value	0.027**	0.770	0.736	0.096*
constant	−0.6505112	−37.89211	29.56245	7.582748
p value	0.933	0.004***	0.000***	0.500
F Value	8.63	5.08	11.41	8.50
R Squared	29.53	18.86	45.80	40.54
Observation	210	210	210	210

Variable	Direct impact		Moderating effect
	Model 1a	Model 1b	Model 2a	Model 2b
	ROA	EPS	ROA	EPS
ACSIZE	4.40535	6.706796
p value	0.000***	0.018**
ACIND	0.250819	0.3723266
p value	0.000***	0.003***
ACEXPERT	0.098577	0.1478272
p value	0.026**	0.101
ACMEET	−1.317258	−2.632705
p value	0.000***	0.000***
ACSIZE * BIG4			3.357096	5.482599
p value			0.000***	0.000***
ACIND * BIG4			0.4255349	0.9216476
p value			0.000***	0.000***
ACEXPERT * BIG4			−0.0759161	−0.158679
p value			0.365	0.333
ACMEET * BIG4			−3.260419	−6.793092
p value			0.000***	0.000***
FAGE	−1.345276	2.366778	0.6364278	6.176742
p value	0.227	0.333	0.454	0.000***
FSIZE	−0.2726288	0.3571598	−1.091818	−1.119996
p value	0.572	0.658	0.007***	0.112
LEV	−7.230933	2.053772	−1.050496	10.55042
p value	0.027**	0.770	0.736	0.096*
constant	−0.6505112	−37.89211	29.56245	7.582748
p value	0.933	0.004***	0.000***	0.500
F Value	8.63	5.08	11.41	8.50
R Squared	29.53	18.86	45.80	40.54
Observation	210	210	210	210

Note(s): *significant at l0% level; **significant at 5% level; ***significant at 1% level