Table 5

Explaining EOC levels for ambitions to hire at least 1 and 6 employees, for total sample and by gender

EOC1+EOC6+EOC1+ maleEOC1+ femaleEOC6+ maleEOC6+ female
Cat2−0.3 (0.176)*−1.579 (0.839)*−0.298 (0.154)*−0.374 (0.238)−0.196 (0.681)1.506 (0.867)*
Cat3−0.124 (0.108)−0.949 (0.515)*−0.121 (0.094)−0.121 (0.146)0.576 (0.418)−0.308 (0.531)
Cat4−0.206 (0.118)*−1.221 (0.563)**−0.188 (0.103)*−0.236 (0.16)0.3 (0.457)−0.742 (0.581)
Cat5−0.263 (0.129)**−1.523 (0.616)**−0.228 (0.113)**−0.318 (0.175)*−0.09 (0.499)−1.058 (0.636)
Collectivism-Individualism−0.117 (0.184)−0.27 (0.875)−0.07 (0.16)−0.257 (0.248)−0.708 (0.71)−0.919 (0.903)
Duty-Joy0.401 (0.15)**1.175 (0.713)0.35 (0.131)***0.559 (0.202)***1.725 (0.578)***0.627 (0.736)
Distrust-Trust−0.747 (0.194)***−2.489 (0.922)***−0.66 (0.169)***−0.96 (0.262)***−1.621 (0.748)**−2.253 (0.952)**
GDP growth0.899 (1.187)7.926 (5.649)0.887 (1.034)0.189 (1.603)5.605 (4.583)10.944 (5.831)*
Labour Market Regulations−0.373 (0.243)−2.037 (1.155)*−0.3 (0.211)−0.514 (0.328)−0.465 (0.937)−1.969 (1.192)
Constant1.651 (0.224)***4.553 (1.065)***1.56 (0.195)***1.873 (0.302)***1.771 (0.864)**4.434 (1.1)***
No of observations717171717171
R20.37360.31630.35870.38720.29010.3759

Note(s): Regression models were run using EOC1+ and EOC6+ as the dependent variables, repeating each for male and female respondents. Higher values of culture variables indicate higher levels of Individualism, Joy and Trust respectively. * if p < 0.10, ** if p < 0.05, *** if p < 0.01. Standard errors in parentheses

Source(s): Created by author

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