Panel unit root test
| Variable | Fisher-ADF (Z-stat) |
|---|---|
| CEO EL COMP | −4.8889 (0.000) |
| ENS | −6.2218 (0.000) |
| SOS | −6.0879 (0.000) |
| GS | −29.2010 (0.000) |
| INSOWN | −22.5003 (0.000) |
| Variable | Fisher-ADF ( |
|---|---|
| CEO EL COMP | −4.8889 (0.000) |
| ENS | −6.2218 (0.000) |
| SOS | −6.0879 (0.000) |
| GS | −29.2010 (0.000) |
| INSOWN | −22.5003 (0.000) |
Note(s): The statistics in the first row represent the estimated coefficients of the variables while the second row represents their respective p-values
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