Table 3 Hierarchical regression results... | Emerald Publishing

Table 3

Hierarchical regression results

Variables	Model 1	Model 2	Model 3
Intercept	3.16^** (0.40)	3.65^** (0.22)	3.43^** (0.22)
Control variables
Generational involvement	−0.04 (0.06)	−0.08 (0.06)	−0.10^† (0.05)
Firm size	−0.01 (0.01)	0.01 (0.01)	0.01 (0.01)
Covid-19 perception	0.10^† (0.06)	0.04 (0.06)	0.07 (0.05)
Industry dummies	Yes	Yes	Yes
Linear effects
SEWi		0.32^** (0.06)	0.42^** (0.06)
Professionalization		0.07 (0.04)	0.09^** (0.04)
Bifurcation bias		−0.09 (0.06)	−0.11^† (0.06)
Curvilinear effects
SEWi²			0.17^** (0.05)
R²	0.14	0.35	0.42
ΔR²	0.14^*	0.20^**	0.07^**
F-statistics	2.90^**	6.40^**	7.78^**

Variables	Model 1	Model 2	Model 3
Intercept	3.16^** (0.40)	3.65^** (0.22)	3.43^** (0.22)
Control variables
Generational involvement	−0.04 (0.06)	−0.08 (0.06)	−0.10^† (0.05)
Firm size	−0.01 (0.01)	0.01 (0.01)	0.01 (0.01)
Covid-19 perception	0.10^† (0.06)	0.04 (0.06)	0.07 (0.05)
Industry dummies	Yes	Yes	Yes
Linear effects
SEWi		0.32^** (0.06)	0.42^** (0.06)
Professionalization		0.07 (0.04)	0.09^** (0.04)
Bifurcation bias		−0.09 (0.06)	−0.11^† (0.06)
Curvilinear effects
SEWi²			0.17^** (0.05)
R²	0.14	0.35	0.42
ΔR²	0.14^*	0.20^**	0.07^**
F-statistics	2.90^**	6.40^**	7.78^**

Note(s): ^** - p < 0.01, ^* - p < 0.05, ^†. p < 0.1. Standard errors reported in parentheses (.)

Source(s): Created by authors