Table 6. Hypothesis testing results:... | Emerald Publishing

Table 6.

Hypothesis testing results: positive ROA

Variables	TUL1		TUL2		TUL3
Variables	t-stat	Prob	t-stat	Prob	t-stat	Prob
C	3.598832	0.0004	6.749154	0.0000	−1.749524	0.0809
KONS	−1.554254	0.1208	2.046673	0.0413	1.940364	0.0530
FOREIGN	−1.724368	0.0853	1.142148	0.2540	2.458650	0.0143
DAR	−0.165467	0.8687	6.564765	0.0000	3.556823	0.0004
SIZE	−3.062087	0.0023	−6.945549	0.0000	0.719641	0.4721
GROWTH	0.136873	0.8912	−1.656931	0.0982	−1.421869	0.1558
AS	8.430457	0.0000	3.119942	0.0019	−1.705970	0.0887
R-squared	0.058839		0.073802		0.052822
Adj R-squared	0.046092		0.061258		0.039993
F-statistics	4.615873		5.883242		4.117502
Probability (F-stat)	0.000146		0.000006		0.000490

Variables	TUL1		TUL2		TUL3
Variables	t-stat	Prob	t-stat	Prob	t-stat	Prob
C	3.598832	0.0004	6.749154	0.0000	−1.749524	0.0809
KONS	−1.554254	0.1208	2.046673	0.0413	1.940364	0.0530
FOREIGN	−1.724368	0.0853	1.142148	0.2540	2.458650	0.0143
DAR	−0.165467	0.8687	6.564765	0.0000	3.556823	0.0004
SIZE	−3.062087	0.0023	−6.945549	0.0000	0.719641	0.4721
GROWTH	0.136873	0.8912	−1.656931	0.0982	−1.421869	0.1558
AS	8.430457	0.0000	3.119942	0.0019	−1.705970	0.0887
R-squared	0.058839		0.073802		0.052822
Adj R-squared	0.046092		0.061258		0.039993
F-statistics	4.615873		5.883242		4.117502
Probability (F-stat)	0.000146		0.000006		0.000490