Table 1 The impact of board size,... | Emerald Publishing

Table 1

The impact of board size, independent directors, ownership structure, philanthropy and WCM on ROA (return on assets)

Variable	Coefficient	t-Statistic	p-values
C	11.8287	0.847	0.3986
Board size	−1.7053	−0.8867	0.377
Ownership structure	−6.0766	−1.6555	0.1004
Independent directors	7.63324	2.03223	0.0443
Philanthropy	0.736536	2.604548	0.0098
WCM (APP)	−0.03830	−3.827876	0.0002

Variable	Coefficient	t-Statistic	p-values
C	11.8287	0.847	0.3986
Board size	−1.7053	−0.8867	0.377
Ownership structure	−6.0766	−1.6555	0.1004
Independent directors	7.63324	2.03223	0.0443
Philanthropy	0.736536	2.604548	0.0098
WCM (APP)	−0.03830	−3.827876	0.0002