Table IV. Regression analysis results:... | Emerald Publishing

Table IV.

Regression analysis results: Model 1 (A and B) for financial performance and VAIC

Variables	ROA		ROE
Variables	Coefficient	t-statistic	Coefficient	t-statistic
(Constant)	−0.079	−4.434	−0.102	−3.473
VAIC	0.575	6.508***	0.463	5.034***
SIZE	−0.015	−0.165	0.045	0.486
LEVERAGE	0.140	1.575	0.221	2.397**
Adjusted R²	0.365		0.312
F value	18.432***		14.744***

Variables	ROA		ROE
Variables	Coefficient	t-statistic	Coefficient	t-statistic
(Constant)	−0.079	−4.434	−0.102	−3.473
VAIC	0.575	6.508***	0.463	5.034***
SIZE	−0.015	−0.165	0.045	0.486
LEVERAGE	0.140	1.575	0.221	2.397**
Adjusted R²	0.365		0.312
F value	18.432***		14.744***

Notes:

*** significant at 0.01 level; ** significant at 0.05