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

Table VII.

Regression analysis results: Model 4 (A and B) for financial performance and SCE

Variables	ROA		ROE
Variables	Coefficient	t-statistic	Coefficient	t-statistic
Constant	−0.047	−1.384	−0.055	−1.052
SCE	−0.118	−1.151	−0.111	−1.111
SIZE	0.098	0.930	0.134	1.313
LEVERAGE	0.235	2.210**	0.295	2.866***
Adjusted R²	0.073		0.126
F value	3.397**		5.368***

Variables	ROA		ROE
Variables	Coefficient	t-statistic	Coefficient	t-statistic
Constant	−0.047	−1.384	−0.055	−1.052
SCE	−0.118	−1.151	−0.111	−1.111
SIZE	0.098	0.930	0.134	1.313
LEVERAGE	0.235	2.210**	0.295	2.866***
Adjusted R²	0.073		0.126
F value	3.397**		5.368***

Notes:

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