The impact of ownership structure and independent directors on board size, philanthropy and WCM
| Variable | Coefficient | t-Statistic | p-values |
|---|---|---|---|
| The impact of ownership structure and independent directors on board size | |||
| Ownership structure | 6.3467 | 1.41341 | 0.118 |
| Independent directors | −11.2279 | −1.9989 | 0.042 |
| The impact of ownership structure and independent directors on philanthropy | |||
| Ownership structure | 0.25 | −2.232 | 0.026 |
| Independent directors | 0.004 | −2.275 0.023 | −0.036 |
| The impact of ownership structure and independent directors on WCM | |||
| Ownership structure | 0.106 | 5.491 | 0.000 |
| Independent directors | 0.088 | 5.273 | 0.000 |
| Variable | Coefficient | ||
|---|---|---|---|
| Ownership structure | 6.3467 | 1.41341 | 0.118 |
| Independent directors | −11.2279 | −1.9989 | 0.042 |
| Ownership structure | 0.25 | −2.232 | 0.026 |
| Independent directors | 0.004 | −0.036 | |
| Ownership structure | 0.106 | 5.491 | 0.000 |
| Independent directors | 0.088 | 5.273 | 0.000 |
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