Table 4. Hierarchical multiple...

Table 4.

Hierarchical multiple regression analysis of CSR practices predicting profitability

DV	Step	IV	B	SEB	ß	R²	ΔR²	F
Profitability	1	Age	0.018	0.010	0.140	0.060		5.259**
		Size	0.496	0.224	0.172*
	2	Age	0.014	0.009	0.106	0.310	0.250	24.577***
		Size	0.166	0.197	0.057
		Internal CSR practices	0.983	0.128	0.516***
Profitability	1	Age	0.018	0.010	0.140	0.060		0.140
		Size	0.496	0.224	0.172*
	2	Age	0.009	0.009	0.066	0.267	0.207	19.879***
		Size	0.123	0.206	0.042
		External CSR practices	0.720	0.106	0.483***
Profitability	1	Age	0.018	0.010	0.140	0.060		5.259**
		Size	0.496	0.224	0.172*
	2	Age	0.009	0.009	0.068	0.342	0.282	28.451***
		Size	0.050	0.195	0.017
		Aggregated CSR practices	1.043	0.124	0.562***

DV	Step	IV	B	SEB	ß	R²	ΔR²	F
Profitability	1	Age	0.018	0.010	0.140	0.060		5.259**
		Size	0.496	0.224	0.172*
	2	Age	0.014	0.009	0.106	0.310	0.250	24.577***
		Size	0.166	0.197	0.057
		Internal CSR practices	0.983	0.128	0.516***
Profitability	1	Age	0.018	0.010	0.140	0.060		0.140
		Size	0.496	0.224	0.172*
	2	Age	0.009	0.009	0.066	0.267	0.207	19.879***
		Size	0.123	0.206	0.042
		External CSR practices	0.720	0.106	0.483***
Profitability	1	Age	0.018	0.010	0.140	0.060		5.259**
		Size	0.496	0.224	0.172*
	2	Age	0.009	0.009	0.068	0.342	0.282	28.451***
		Size	0.050	0.195	0.017
		Aggregated CSR practices	1.043	0.124	0.562***

Notes:

DV = dependent variable, IV = independent variable, B = beta, SEB = standard error of beta, ß = standardized beta, R² = coefficient of determination, ΔR² = change in coefficient of determination, F = F-test statistic.

N = 168;

*p < 0.05;

**p < 0.01;

***p < 0.001

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