Table VI.

Collinearity statistics test

VariablesToleranceVIFSkewnessKurtosis
Total assets0.9301.0762.0424.060
Leverage0.9531.049−0.961−0.483
Age0.9071.1020.202−1.615
Institutional ownership0.8751.1420.284−0.926
SSB independence0.9621.039−2.9297.408
SSB FM0.9331.072−0.332−0.742
Big40.9261.080−1.8001.251

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