Moderating the COVID-19 test using Tobin’s q
| Independent variable | (1) | (2) | (3) | (4) | (5) | (6) |
|---|---|---|---|---|---|---|
| ACSIZE | 0.035 (0.750) | |||||
| ACMEET | 0.001 (0.855) | |||||
| ACEXPERTISE | 0.498* (0.056) | |||||
| NRC | 0.297** (0.013) | |||||
| IO | −0.044 (0.665) | |||||
| FO | 0.374* (0.015) | |||||
| ACSIZE × COV | 0.015* (0.098) | |||||
| ACMEET × COV | −0.009* (0.089) | |||||
| ACEXPERTISE × COV | 0.316** (0.048) | |||||
| NRC × COV | −0.127* (0.087) | |||||
| IO × COV | 0.046 (0.648) | |||||
| FO × COV | −0.082* (0.064) | |||||
| LEV | −0.692*** (0.000) | −0.714*** (0.000) | −0.691*** (0.000) | −0.708*** (0.000) | −0.706*** (0.000) | −0.72*** (0.000) |
| GROWTH | 0.402*** (0.000) | 0.411*** (0.000) | 0.404*** (0.000) | 0.406*** (0.000) | 0.410*** (0.000) | 0.417*** (0.000) |
| COV | −0.257** (0.017) | −0.004 (0.947) | −0.268** (0.017) | −0.000 (0.991) | −0.089 (0.226) | −0.037 (0.433) |
| Prob > chi2 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Overall r-squared | 0.029 | 0.023 | 0.026 | 0.052 | 0.023 | 0.037 |
| Independent variable | (1) | (2) | (3) | (4) | (5) | (6) |
|---|---|---|---|---|---|---|
| ACSIZE | 0.035 (0.750) | |||||
| ACMEET | 0.001 (0.855) | |||||
| ACEXPERTISE | 0.498* (0.056) | |||||
| NRC | 0.297** (0.013) | |||||
| IO | −0.044 (0.665) | |||||
| FO | 0.374* (0.015) | |||||
| ACSIZE × COV | 0.015* (0.098) | |||||
| ACMEET × COV | −0.009* (0.089) | |||||
| ACEXPERTISE × COV | 0.316** (0.048) | |||||
| NRC × COV | −0.127* (0.087) | |||||
| IO × COV | 0.046 (0.648) | |||||
| FO × COV | −0.082* (0.064) | |||||
| LEV | −0.692*** (0.000) | −0.714*** (0.000) | −0.691*** (0.000) | −0.708*** (0.000) | −0.706*** (0.000) | −0.72*** (0.000) |
| GROWTH | 0.402*** (0.000) | 0.411*** (0.000) | 0.404*** (0.000) | 0.406*** (0.000) | 0.410*** (0.000) | 0.417*** (0.000) |
| COV | −0.257** (0.017) | −0.004 (0.947) | −0.268** (0.017) | −0.000 (0.991) | −0.089 (0.226) | −0.037 (0.433) |
| Prob > chi2 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |
| Overall | 0.029 | 0.023 | 0.026 | 0.052 | 0.023 | 0.037 |
Note(s): ***p < 0.01, **p < 0.05, *p < 0.1
Source(s): The data was processed by the STATA application, and the table were created by the author