Table 9 Logit model for a prudential... | Emerald Publishing

Table 9

Logit model for a prudential policy

	Coefficient	Standard error	Wald test	Upper confidence interval limit	Lower confidence interval limit	p-value
Overdue accounts receivable incidence	−0.261404	0.106567	6.016949	−0.470272	−0.052536	0.014169**
Business size by turnover	−0.255643	0.139987	3.334963	−0.530013	0.018727	0.067822*
Business size by headcount	0.091457	0.122566	0.556791	−0.148768	0.331681	0.455556
Type of business operations	−0.009654	0.026436	0.133361	−0.061468	0.042160	0.714973
Gender structure of accounts receivable manager team	0.030355	0.108361	0.078470	−0.182029	0.242738	0.779382
Years in business	−0.044776	0.082367	0.295522	−0.206212	0.116660	0.586704
Form of business ownership	0.012320	0.222957	0.003054	−0.424667	0.449308	0.955932
Legal form of the business	−0.016533	0.034941	0.223894	−0.085016	0.051950	0.636089
Location of the head office	−0.006155	0.019245	0.102292	−0.043875	0.031564	0.749096
Type of municipality where the business is based	0.204917	0.173399	1.396577	−0.134938	0.544772	0.237298
Size of the town/city where the head office is located	0.078698	0.057440	1.877101	−0.033884	0.191279	0.170664
Business territory	0.118704	0.163201	0.529032	−0.201165	0.438572	0.467014
LR χ²(12) = 24.325 Prob > χ² = 0.01837

	Coefficient	Standard error	Wald test	Upper confidence interval limit	Lower confidence interval limit	p-value
Overdue accounts receivable incidence	−0.261404	0.106567	6.016949	−0.470272	−0.052536	0.014169**
Business size by turnover	−0.255643	0.139987	3.334963	−0.530013	0.018727	0.067822*
Business size by headcount	0.091457	0.122566	0.556791	−0.148768	0.331681	0.455556
Type of business operations	−0.009654	0.026436	0.133361	−0.061468	0.042160	0.714973
Gender structure of accounts receivable manager team	0.030355	0.108361	0.078470	−0.182029	0.242738	0.779382
Years in business	−0.044776	0.082367	0.295522	−0.206212	0.116660	0.586704
Form of business ownership	0.012320	0.222957	0.003054	−0.424667	0.449308	0.955932
Legal form of the business	−0.016533	0.034941	0.223894	−0.085016	0.051950	0.636089
Location of the head office	−0.006155	0.019245	0.102292	−0.043875	0.031564	0.749096
Type of municipality where the business is based	0.204917	0.173399	1.396577	−0.134938	0.544772	0.237298
Size of the town/city where the head office is located	0.078698	0.057440	1.877101	−0.033884	0.191279	0.170664
Business territory	0.118704	0.163201	0.529032	−0.201165	0.438572	0.467014
LR χ²(12) = 24.325 Prob > χ² = 0.01837

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

Source(s): Authors’ own elaboration