Table 3 Annual comparison of profit/loss...

Table 3

Annual comparison of profit/loss per employee between the treatment and control groups

	Treatment group	Control group	t-value	No. of treatment group	No. of control group
1st year	−4.84	0.68	−2.8613***	21	92
2nd year	−6.80	0.71	−3.2015***	15	73
3rd year	−4.64	1.02	−2.4683**	18	58
4th year	−3.25	1.75	−1.8236*	11	44
5th year	0.49	3.12	−0.8576	9	35

	Treatment group	Control group	t-value	No. of treatment group	No. of control group
1st year	−4.84	0.68	−2.8613***	21	92
2nd year	−6.80	0.71	−3.2015***	15	73
3rd year	−4.64	1.02	−2.4683**	18	58
4th year	−3.25	1.75	−1.8236*	11	44
5th year	0.49	3.12	−0.8576	9	35

Note(s): *** 1% significance level; ** 5% significance level; * 10% significance level

Sharing Unavailable