Table 7 Cox proportional hazards model... | Emerald Publishing

Table 7

Cox proportional hazards model estimates with stratification by sector

Variable	Management board			Supervisory board			Management and supervisory board
Variable	Coeficient	Standard error	p-value	Coefficient	Standard error	p-value	Coefficient	Standard error	p-value
GENDER	−0.0705	0.0667	0.2905	−0.0579	0.0398	0.1459	−0.0586	0.0340	0.0846
ALTMAN-Z	0.0005	0.0003	0.0825	0.0003	0.0002	0.1071	0.0004	0.0002	0.0219
CLIFF	−0.0072	0.0038	0.0559	−0.0004	0.0002	0.0846	−0.0004	0.0002	0.0556
DEBT	0.0144	0.0055	0.0087	0.0060	0.0024	0.0126	0.0070	0.0022	0.0013
SIZE	−0.0813	0.0121	0.0000	−0.0877	0.0083	0.0000	−0.0868	0.0068	0.0000
FAMILY	−0.1524	0.0455	0.0008	−0.1335	0.0310	0.0000	−0.1438	0.0256	0.0000
STATE	0.4914	0.0770	0.0000	0.3739	0.0541	0.0000	0.4196	0.0441	0.0000
CODE	−0.8612	0.0419	0.0000	−1.0769	0.0295	0.0000	−0.9916	0.0239	0.0000
Likelihood ratio test		536.9	0.0000		1,575	0.0000		2,071	0.0000
Wald test		547.8	0.0000		1,593	0.0000		2,111	0.0000
Score (logrank) test		577.8	0.0000		1,731	0.0000		2,264	0.0000
R-squared Cox–Snell			0.1372			0.1875			0.1685
Concordance			0.6270			0.656			0.646

Variable	Management board			Supervisory board			Management and supervisory board
Variable	Coeficient	Standard error	p-value	Coefficient	Standard error	p-value	Coefficient	Standard error	p-value
GENDER	−0.0705	0.0667	0.2905	−0.0579	0.0398	0.1459	−0.0586	0.0340	0.0846
ALTMAN-Z	0.0005	0.0003	0.0825	0.0003	0.0002	0.1071	0.0004	0.0002	0.0219
CLIFF	−0.0072	0.0038	0.0559	−0.0004	0.0002	0.0846	−0.0004	0.0002	0.0556
DEBT	0.0144	0.0055	0.0087	0.0060	0.0024	0.0126	0.0070	0.0022	0.0013
SIZE	−0.0813	0.0121	0.0000	−0.0877	0.0083	0.0000	−0.0868	0.0068	0.0000
FAMILY	−0.1524	0.0455	0.0008	−0.1335	0.0310	0.0000	−0.1438	0.0256	0.0000
STATE	0.4914	0.0770	0.0000	0.3739	0.0541	0.0000	0.4196	0.0441	0.0000
CODE	−0.8612	0.0419	0.0000	−1.0769	0.0295	0.0000	−0.9916	0.0239	0.0000
Likelihood ratio test		536.9	0.0000		1,575	0.0000		2,071	0.0000
Wald test		547.8	0.0000		1,593	0.0000		2,111	0.0000
Score (logrank) test		577.8	0.0000		1,731	0.0000		2,264	0.0000
R-squared Cox–Snell			0.1372			0.1875			0.1685
Concordance			0.6270			0.656			0.646

Source(s): Authors’ elaboration