Table 3
Firms’ risk levels and active family ownership
LEVERED BETA
Estimate
Standard error
p value
INTERACTION
0.003
0.001
0.018
INSDIR
−0.051
0.024
0.036
LNASS
0.070
0.006
0.000
TOBINSQ
−0.150
0.049
0.003
R
2
0.877
Adjusted R
2
0.871
Durbin–Watson
2.040
LEVERED BETA
Estimate
Standard error
p value
INTERACTION
0.003
0.001
0.018
INSDIR
−0.051
0.024
0.036
LNASS
0.070
0.006
0.000
TOBINSQ
−0.150
0.049
0.003
R
2
0.877
Adjusted R
2
0.871
Durbin–Watson
2.040
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