Nested ANOVA. Spanish versus Foreign imprinting
| Sales | Assets | Employees | Solvency | Liquidity | |
|---|---|---|---|---|---|
| Spanish | 3,284 | 5,589 | 17.93 | 3.86 | 3.82 |
| Foreign | 2,096 | 1,501 | 15.08 | 2.79 | 2.10 |
| China | 1,527 | 1,460 | 11.53 | 2.30 | 1.53 |
| Muslim | 2,749 | 1,534 | 13.84 | 3.51 | 2.96 |
| Number of observations | 490 | 490 | 490 | 490 | 490 |
| Root MSE | 14849.2 | 23429.7 | 55.032 | 8.54327 | 8.37547 |
| R-square | 0.0143 | 0.022 | 0.0061 | 0.0134 | 0.0100 |
| Adj R-squared | 0.0125 | 0.0187 | 0.0053 | 0.0107 | 0.0065 |
| F | 5.31** | 7.42*** | 2.82* | 4.74** | 3.2* |
| Prob > F | (0.0011) | (0.0001) | (0.0310) | (0.0021) | (0.0181) |
| Sales | Assets | Employees | Solvency | Liquidity | |
|---|---|---|---|---|---|
| Spanish | 3,284 | 5,589 | 17.93 | 3.86 | 3.82 |
| Foreign | 2,096 | 1,501 | 15.08 | 2.79 | 2.10 |
| | |||||
| | |||||
| Number of observations | 490 | 490 | 490 | 490 | 490 |
| Root MSE | 14849.2 | 23429.7 | 55.032 | 8.54327 | 8.37547 |
| R-square | 0.0143 | 0.022 | 0.0061 | 0.0134 | 0.0100 |
| Adj | 0.0125 | 0.0187 | 0.0053 | 0.0107 | 0.0065 |
| F | 5.31** | 7.42*** | 2.82* | 4.74** | 3.2* |
| Prob > F | (0.0011) | (0.0001) | (0.0310) | (0.0021) | (0.0181) |
Note(s): *p < 0.05; **p < 0.01; ***p < 0.001
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