Table 2

Influence of dependency factors of SR

Influential factorsAmount of EUC (n = 186)TCRp-value ≤ 0.05Influential factorsp-value ≤ 0.05Influential factorsAmount of EUC (n = 186)TCRp-value ≤ 0.05
OwnershipRegion
Private7456.6%Mann–Whitney
U-Test
α = 0.022
Private and ListedMann–Whitney
U-Test
α = 0.017
Africa344.6%Kruskal–Wallis
H-Test p = 0.787
Public11249.8%Asia3251.8%
Stock exchange listingCentral Amer00%
Listed12854.9%Mann–Whitney
U-Test
α = 0.021
Private and not-listedMann–Whitney
U-Test
α = 0.011
Europe8752.4%
Not-listed5847.2%Middle East1257.1%
Nationality(area of activity)North America2354.4%
National7551.9%Mann–Whitney
U-Test
α = 0.778
 Oceania943.3%
International11152.8%South America2053.6%
ANOVAa
ModelInfluencing variableSquare sumdfMean of squareFSig
1TRC (dependency Variable)Regression0.47680.0591,3660.214
Public, Listing, Nationality, Asia, Europe, North America, Middle East and South AmericaNot standardized residue7,7071770.044  
Sum8,183185   
2(dependency Variable)Regression0.47670.0681,5700.147
Public, Listing, Asia, Europe, North America, Middle East and South AmericaNot standardized residue7,7071780.043  
Sum8,183185   
3(dependency Variable)Regression0.45960.0771,7730.107
Public, Listing, Asia, Europe, North America and South AmericaNot standardized residue7,7241790.043  
Sum8,183185   
4(dependency Variable)Regression0.40950.0821,8950.097
Public, Listing, Asia, Europe and North AmericaNot standardized residue7,7741800.043  
Sum8,183185   
5(dependency Variable)Regression0.39140.0982,2720.063
Public, Listing, Asia and EuropeNot standardized residue7,7921810.043  
Sum8,183185   
6(dependency Variable)Regression0.37330.1242,8950,037
Public, Listing and AsiaNot standardized residue7,8101820.043  
Sum8,183185   
7(dependency Variable)Regression0.36520.1834,2730,015
Public and ListingNot standardized residue7,8181830.043  
Sum8,183185   

Note(s): The siginficance value: p-value ≤ 0.05

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