Table 10

Confrontational policy tools

CoefficientStandard errorWald testUpper confidence interval limitLower confidence interval limitp-value
External law firm−0.4932460.15253010.45725−0.792199−0.1942930.001222***
Counterparty financial standing is not checked−0.912980.20236420.35442−1.30961−0.5163560.000006***
Financial statement-based assessment of counterparty standing−0.712780.21925910.56819−1.14252−0.2830430.001151***
Verification of the counterparty with a mercantile agency−0.921080.3183868.36926−1.54510−0.2970550.003816***
Verification of the counterparty with a credit bureau−1.144220.4562766.28878−2.03851−0.2499390.012150**
Debt claimed in court−0.5111820.15296411.16788−0.810986−0.2113770.000832***
LR χ2(6) = 17.526 Prob > χ2 = 0.00753      

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

Source(s): Authors’ own elaboration

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