Table 4 Regression results of the... | Emerald Publishing

Table 4

Regression results of the moderating effect

Variable	(1)		(2)		(3)		(4)
	lnZscore		lnZscore		lnZscore		lnZscore
	Coeff	Std. Error	Coeff	Std. Error	Coeff	Std. Error	Coeff	Std. Error
FBFI	−0.123*	−3.628	−0.042	1.346	0.012	0.458	0.011	0.457
FBFI²	0.017*	6.003	0.006**	2.186	0.019*	6.051	0.006**	2.421
Reg	0.018***	1.784	0.014***	1.928	0.012***	1.712	0.013***	1.936
FBFI*Reg					0.034**	2.468	0.033*	2.670
FBFI²*Reg					−0.005*	−3.055	−0.004*	−2.957
Control variables	NO		YES		NO		YES
Fixed effects	YES		YES		YES		YES
Constant	0.662*	5.841	3.358*	3.229	0.920*	23.723	3.558*	3.436
N	80		80		80		80

Variable	(1)		(2)		(3)		(4)
	lnZscore		lnZscore		lnZscore		lnZscore
	Coeff	Std. Error	Coeff	Std. Error	Coeff	Std. Error	Coeff	Std. Error
FBFI	−0.123*	−3.628	−0.042	1.346	0.012	0.458	0.011	0.457
FBFI²	0.017*	6.003	0.006**	2.186	0.019*	6.051	0.006**	2.421
Reg	0.018***	1.784	0.014***	1.928	0.012***	1.712	0.013***	1.936
FBFI*Reg					0.034**	2.468	0.033*	2.670
FBFI²*Reg					−0.005*	−3.055	−0.004*	−2.957
Control variables	NO		YES		NO		YES
Fixed effects	YES		YES		YES		YES
Constant	0.662*	5.841	3.358*	3.229	0.920*	23.723	3.558*	3.436
N	80		80		80		80

Note(s): *p $< 0.01$ ⁠; **p $< 0.05$ ⁠; ***p $< 0.1$ ⁠; parentheses

Source(s): Authors’ own creation