Fixed effects (FE) regression model with robust standard errors, Model 2
| Variable dependent: social_score | Beta coefficients | Robust standard errors |
|---|---|---|
| roa_lag1 | −0.0815 | 0.0876 |
| csr_committee | 7.7632* | 3.2890 |
| csr_sustainability_reporting | 13.3487** | 4.2032 |
| internal_audit_department_reporting | 8.2837* | 3.2819 |
| nations_ec_perf | −0.0641 | 0.1255 |
| constant | 50.6880 | 5.9076 |
| No of observations | 107 | |
| R2 – within | 0.311 | |
| F statistic | 4.85** | |
| VIFs – mean | 3.81 | |
| Heterosch, p value | 0.9121 | |
| Hausman test | 23.32*** |
| Variable dependent: social_score | Beta coefficients | Robust standard errors |
|---|---|---|
| roa_lag1 | −0.0815 | 0.0876 |
| csr_committee | 7.7632* | 3.2890 |
| csr_sustainability_reporting | 13.3487** | 4.2032 |
| internal_audit_department_reporting | 8.2837* | 3.2819 |
| nations_ec_perf | −0.0641 | 0.1255 |
| constant | 50.6880 | 5.9076 |
| No of observations | 107 | |
| 0.311 | ||
| 4.85** | ||
| VIFs – mean | 3.81 | |
| Heterosch, | 0.9121 | |
| Hausman test | 23.32*** |
Notes:
^p < 0.1; *p < 0.05; **p < 0.01; ***p < 0.001
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