Table 7. Regression results of stock... | Emerald Publishing

Table 7.

Regression results of stock options implementation and innovation output

Patents	Coefficient	SD	t-value	p-value
SO	0.434***	0.064	6.82	0.000
Post	−0.061	0.068	−0.90	0.366
SO*post	0.262***	0.089	2.94	0.003
R&D	1.229***	0.291	4.23	0.000
Dual	0.316***	0.049	6.52	0.000
Cash	−0.276*	0.153	−1.80	0.072
Roe	0.041	0.059	0.70	0.483
Grow	−0.274***	0.041	−6.65	0.000
Size	0.737***	0.025	29.35	0.000
Tech	0.355***	0.055	6.49	0.000
_Cons	−15.111***	0.652	−23.18	0.000
n = 3,567	Adj-R² = 48.06%

Patents	Coefficient	SD	t-value	p-value
SO	0.434***	0.064	6.82	0.000
Post	−0.061	0.068	−0.90	0.366
SO*post	0.262***	0.089	2.94	0.003
R&D	1.229***	0.291	4.23	0.000
Dual	0.316***	0.049	6.52	0.000
Cash	−0.276*	0.153	−1.80	0.072
Roe	0.041	0.059	0.70	0.483
Grow	−0.274***	0.041	−6.65	0.000
Size	0.737***	0.025	29.35	0.000
Tech	0.355***	0.055	6.49	0.000
_Cons	−15.111***	0.652	−23.18	0.000
n = 3,567	Adj-R² = 48.06%

Notes:

***p < 0.01; **p < 0.05; *p < 0.1