The impact of disclosure on performance in Islamic banks (fixed-effects GLS regression)
| Model 1 | |||||
|---|---|---|---|---|---|
| ROA | ROE | ||||
| Predict sign | Coeff | Prob | Coeff | Prob | |
| DCI | + | −0.7375*** | 0.00 | −0.3366*** | 0.00 |
| SIZE | + | −0.0496*** | 0.00 | −0.0905*** | 0.00 |
| LEV | – | −0.0335*** | 0.00 | 0.0037 | 0.55 |
| AGE | + | 0.0058* | 0.06 | 0.0055*** | 0.00 |
| Constant | + | 1.6017*** | 0.00 | 2.4896*** | 0.00 |
| R2 | 0.0736 | 0.0546 | |||
| Wald chi2 | 3548.03 | 3144.03 | |||
| Prob > chi2 | 0.0000*** | 0.0000*** | |||
| Model 1 | |||||
|---|---|---|---|---|---|
| ROA | ROE | ||||
| Predict sign | Coeff | Prob | Coeff | Prob | |
| + | −0.7375*** | 0.00 | −0.3366*** | 0.00 | |
| + | −0.0496*** | 0.00 | −0.0905*** | 0.00 | |
| – | −0.0335*** | 0.00 | 0.0037 | 0.55 | |
| + | 0.0058* | 0.06 | 0.0055*** | 0.00 | |
| + | 1.6017*** | 0.00 | 2.4896*** | 0.00 | |
| 0.0736 | 0.0546 | ||||
| 3548.03 | 3144.03 | ||||
| 0.0000*** | 0.0000*** | ||||
Note(s): This table presents the regression results of different measures of disclosure on performance. With: DCI: Disclosure index; Size = Log Total Asset; Lev = Total Debt to Total Assets; Age: number of years since foundation. ***, ** and *, indicates significant at 1%, 5% and 10% levels, respectively