Table 8 Model considering all the... | Emerald Publishing

Table 8

Model considering all the significant variables

Variable	Overall	Dummies country
alpha5f_	−0.2403^***	−0.0191
R²_	−0.0167^***	−0.0131^*
Assets10	0.0013	0.0003
ROAPER	0.0559^**	0.0483^***
ROAPERsq	−0.0004^*	−0.0004^**
Return_	0.0820^***	0.0659^***
Logassets	−0.0382	−0.0272
LossDev_	0.1604^***	0.092
NetflowTA	0.6278	0.4732
Largeblend	0.1933	0.4221
Largegrowth	0.0604	0.1873
Largevalue	0.283	0.4388
Spain		−0.0689
Belgium		0.0000
_cons	0.6019	−1.533
N	227	227
hansen	0.991	0.972
ar2	−1.11	−0.91

Variable	Overall	Dummies country
alpha5f_	−0.2403^***	−0.0191
R²_	−0.0167^***	−0.0131^*
Assets10	0.0013	0.0003
ROAPER	0.0559^**	0.0483^***
ROAPERsq	−0.0004^*	−0.0004^**
Return_	0.0820^***	0.0659^***
Logassets	−0.0382	−0.0272
LossDev_	0.1604^***	0.092
NetflowTA	0.6278	0.4732
Largeblend	0.1933	0.4221
Largegrowth	0.0604	0.1873
Largevalue	0.283	0.4388
Spain		−0.0689
Belgium		0.0000
_cons	0.6019	−1.533
N	227	227
hansen	0.991	0.972
ar2	−1.11	−0.91

Note(s): See Tables 5 and 7