Table 4 Moderating regression result... | Emerald Publishing

Table 4

Moderating regression result

	Column 3	Column 4
	EVAR	Q
L.EVAR	0.2257^***
L.EVAR	(6.0412)
L.Q		0.5933^***
L.Q		(21.5684)
BEI	0.0359^***	0.7535^***
BEI	(2.7682)	(3.9031)
BEI*GO	−0.0712^***	−1.4042^***
BEI*GO	(−2.8911)	(−3.8975)
GO	0.2447^***	5.1358^***
GO	(2.6618)	(3.8794)
SIZE	0.0207^**	−0.3764^***
SIZE	(2.4192)	(−8.6494)
LEV	−0.0919^*	−0.9671^***
LEV	(−1.8545)	(−7.7271)
RD	0.5968^***	7.1363^***
RD	(5.6602)	(4.9334)
AGE	−0.0919^***	−0.3644^*
AGE	(−5.1839)	(−1.9586)
MTO	−0.0063^***	−0.0405
MTO	(−3.0504)	(−1.6160)
_cons	−0.1495^**	2.5181^***
_cons	(−2.3479)	(4.1896)
N	6,130	6,130
AR(1)	0.000	0.000
AR(2)	0.513	0.115
Hansen test	0.357	0.122

	Column 3	Column 4
	EVAR	Q
L.EVAR	0.2257^***
L.EVAR	(6.0412)
L.Q		0.5933^***
L.Q		(21.5684)
BEI	0.0359^***	0.7535^***
BEI	(2.7682)	(3.9031)
BEI*GO	−0.0712^***	−1.4042^***
BEI*GO	(−2.8911)	(−3.8975)
GO	0.2447^***	5.1358^***
GO	(2.6618)	(3.8794)
SIZE	0.0207^**	−0.3764^***
SIZE	(2.4192)	(−8.6494)
LEV	−0.0919^*	−0.9671^***
LEV	(−1.8545)	(−7.7271)
RD	0.5968^***	7.1363^***
RD	(5.6602)	(4.9334)
AGE	−0.0919^***	−0.3644^*
AGE	(−5.1839)	(−1.9586)
MTO	−0.0063^***	−0.0405
MTO	(−3.0504)	(−1.6160)
_cons	−0.1495^**	2.5181^***
_cons	(−2.3479)	(4.1896)
N	6,130	6,130
AR(1)	0.000	0.000
AR(2)	0.513	0.115
Hansen test	0.357	0.122

Note(s): t statistics in parentheses. ^*p < 0.1, ^**p < 0.05, ^***p < 0.01

Source(s) Authors’ own work