Table 4 Regression results of trust...

Table 4

Regression results of trust alternatives on information transparency

Variables	DEVIATION1	DEVIATION2	DEVIATION3	DEVIATION4	DEVIATION1	DEVIATION2	DEVIATION3	DEVIATION4
TRUSTWC	−0.074***	−0.066***	−0.024***	−0.089***
TRUSTWC	(0.015)	(0.016)	(0.005)	(0.030)
TRUSTTF					−0.013***	−0.010***	−0.004***	−0.019***
TRUSTTF					(0.002)	(0.002)	(0.001)	(0.005)
C and CONTROLES	YES	YES	YES	YES	YES	YES	YES	YES
YEAR_FE	YES	YES	YES	YES	YES	YES	YES	YES
IND_FE	YES	YES	YES	YES	YES	YES	YES	YES
Obs	1,976	1,976	1,976	1,976	1,976	1,976	1,976	1,976
R²	0.586	0.495	0.481	0.452	0.588	0.495	0.482	0.454
Adj R²	0.575	0.480	0.467	0.436	0.577	0.480	0.468	0.439
F	50.28***	34.72***	32.92***	29.24***	50.65***	34.71***	33.04***	29.51***

Variables	DEVIATION1	DEVIATION2	DEVIATION3	DEVIATION4	DEVIATION1	DEVIATION2	DEVIATION3	DEVIATION4
TRUSTWC	−0.074***	−0.066***	−0.024***	−0.089***
TRUSTWC	(0.015)	(0.016)	(0.005)	(0.030)
TRUSTTF					−0.013***	−0.010***	−0.004***	−0.019***
TRUSTTF					(0.002)	(0.002)	(0.001)	(0.005)
C and CONTROLES	YES	YES	YES	YES	YES	YES	YES	YES
YEAR_FE	YES	YES	YES	YES	YES	YES	YES	YES
IND_FE	YES	YES	YES	YES	YES	YES	YES	YES
Obs	1,976	1,976	1,976	1,976	1,976	1,976	1,976	1,976
R²	0.586	0.495	0.481	0.452	0.588	0.495	0.482	0.454
Adj R²	0.575	0.480	0.467	0.436	0.577	0.480	0.468	0.439
F	50.28***	34.72***	32.92***	29.24***	50.65***	34.71***	33.04***	29.51***

Note(s): This table explores the effects of alternative trust measures (TRUSTWC, TRUSTTF) on information transparency. The regression results are presented in a similar format to Table 3, with additional models comparing different trust metrics. This table helps in understanding whether alternative trust metrics behave similarly or provide distinct insights into the role of trust language. Standard errors in parentheses. All variables are defined in Appendix A. *p < 0.10, **p < 0.05, and ***p < 0.01

Source(s): Authors’ own work

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