Table 3.

Multiple linear regression result – depending variable: EDI

 CoefficientStandard errortp-value
Environmental Performance0.4206290.0698446.020.000
Size4.67E–122.07E–122.260.026
Profitability–11.149628.129951–1.370.173
Debt0.0749190.10042280.750.457
Sector4.0824651.1654843.50.001
Country5.5752511.4733273.780.000
Constant–12.393444.163071–2.980.004
R2   0.5047
Adjusted R2   0.4776
F   18.68
Prob > F   0.0000
Number of observations   117
Source: Research Data (2019)

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