Table 3

Firms’ risk levels and active family ownership

LEVERED BETA
EstimateStandard errorp value
INTERACTION0.0030.0010.018
INSDIR−0.0510.0240.036
LNASS0.0700.0060.000
TOBINSQ−0.1500.0490.003
R20.877  
Adjusted R20.871  
Durbin–Watson2.040  

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