Table 3

Effects of components of management style on structural change (SCH), 2008–2022

StatisticsRSE RBSE BZpR2FpSEED-W
Employee development
Constant  2.639*0.059*44.590*0.00000.27*592.677*0.00000.270*2.11
SCHt00.52*0.021*1.019*0.042*24.345*0.0000
Constant  2.639*0.061*43.406*0.00000.28*561.996*0.00000.269*2.12
SCHt+10.53*0.022*1.022*0.043*23.706*0.0000
Cooperation in labouremployer relations
Constant  3.075*0.076*40.621*0.00000.10*174.750*0.00000.301*2.09
SCHt00.32*0.024*0.670*0.051*13.219*0.0000
Constant  3.078*0.078*39.679*0.00000.10*165.509*0.00000.300*2.09
SCHt+10.32*0.025*0.669*0.052*12.865*0.0000
Relationship of pay to productivity
Constant  2.826*0.063*44.695*0.00000.20*392.872*0.00000.284*2.02
SCHt00.45*0.023*0.905*0.046*19.821*0.0000
Constant  2.824*0.06543.6460.00000.20*376.793*0.00000.283*2.02
SCHt+10.45*0.023*0.907*0.04719.4110.0000
Reliance on professional management
Constant  2.745*0.052*52.583*0.00000.29*656.105*0.00000.266*2.13
SCHt00.54*0.021*0.894*0.035*25.615*0.0000
Constant  2.744*0.053*51.462*0.00000.30*629.685*0.00000.265*2.13
SCHt+10.55*0.022*0.895*0.036*25.094*0.0000
Willingness to delegate authority
Constant  2.968*0.052*56.888*0.00000.22*455.360*0.00000.279*2.06
SCHt00.47*0.022*0.785*0.037*21.339*0.0000
Constant  2.971*0.053*56.002*0.00000.23*438.411*0.00000.278*2.06
SCHt+10.48*0.023*0.787*0.038*20.938*0.0000

Note(s): * statistically significant at α < 0.05; R – correlation coefficient; SE R-estimation errors of correlation coefficients, B – regression coefficient, SE B - estimation errors of regression coefficient, zz test; p – p value; F – F statistic; D–W - DurbinWatson test

Source(s): Authors' calculations

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