Table 5

Logit model for a confrontational policy

CoefficientStandard errorWald testUpper confidence interval limitLower confidence interval limitp-value
Organization of accounts receivable management0.2761410.08646110.200580.106680.4456010.001404***
Assessment of counterparty risk0.1560130.04571811.645400.066410.2456180.000644***
Determining payment terms for the counterparty (legal)−0.2572420.1752582.15441−0.600740.0862580.142161
Determining payment terms for the counterparty (collaterals)−0.0015990.1646050.00009−0.324220.3210210.992248
Decision-making−0.0015550.1702450.00008−0.335230.3321190.992713
Collection of overdue amounts receivable0.3126570.1201976.766330.077080.5482380.009289***
LR χ2(6) = 35.093 Prob > χ2 = 0.0000      

Note(s): *, **, *** – significance level of 10%, 5% and 1%

Source(s): Authors’ own elaboration

or Create an Account

Close subscription notice
Close access options