Table 4

Multiple regression results – dependent variable: ROE

R squared4%
Betat valueSignificanceToleranceVIF
Constant −1.9280.054  
BODSZ0.0922.1210.034**0.6931.444
IND0.0651.5570.1200.7561.323
DUAL0.0902.4480.015**0.9681.033
BMEET−0.165−4.2230.000***0.8531.172
GOVOWN0.0421.0310.3030.7921.263
DIROWN0.0230.6010.5480.8751.143
COSZ0.0691.7100.088*0.7951.258

Note(s): Coefficients are shown as significant at 1%***, 5%** or 10%* level

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