Regression results
| Dependent variable: IAQ Model (1) | Dependent variable: IAQ Model (2) | Dependent variable: IAQ Model (3) | Dependent variable: IAQ Model (4) | Dependent variable: IAQ Model (5) | |
|---|---|---|---|---|---|
| FAM_OW | 0.013** (0.005) | 0.013** (0.005) | 0.013** (0.005) | 0.013** (0.005) | |
| FIB | −0.001 (0.006) | −0.001 (0.006) | 0.001 (0.006) | ||
| F_LEAD | 0.029 (0.108) | 0.012 (0.107) | |||
| F_GEN | −0.291*** (0.110) | ||||
| LEV | − 0.693*** (0.189) | −0.663*** (0.189) | −0.670*** (0.191) | −0.664*** (0.192) | −0.639*** (0.191) |
| PROFIT | 0.150 (0.270) | 0.030 (0.273) | 0.033 (0.273) | 0.038 (0.274) | 0.062 (0.271) |
| SIZE | 0.167*** (0.052) | 0.188*** (0.052) | 0.188*** (0.052) | 0.189*** (0.052) | 0.194*** (0.052) |
| GROWTH | 0.099*** (0.028) | 0.097*** (0.028) | 0.097*** (0.028) | 0.096*** (0.028) | 0.094*** (0.027) |
| GEO_LOC | 0.174 (0.268) | 0.195 (0.255) | 0.200 (0.259) | 0.197 (0.261) | 0.215 (0.262) |
| B_SIZE | 0.000 (0.024) | 0.003 (0.024) | 0.002 (0.025) | 0.002 (0.025) | 0.015 (0.025) |
| CEO_DUALITY | 0.064 (0.085) | 0.099 (0.086) | 0.103 (0.088) | 0.102 (0.088) | 0.117 (0.087) |
| N_IND | 0.016 (0.028) | 0.016 (0.028) | 0.016 (0.028) | 0.015 (0.028) | 0.020 (0.027) |
| SUST_COM | 0.111 (0.081) | 0.112 (0.081) | 0.109 (0.082) | 0.111 (0.083) | 0.124 (0.082) |
| Years, Industry | Yes | Yes | Yes | Yes | Yes |
| INTERCEPT | −2.008** (1.021) | −3.161*** (1.090) | −3.118*** (1.107) | − 3.151*** (1.119) | −2.920*** (1.118) |
| Observations | 320 | 320 | 320 | 320 | 320 |
| R-squared (overall) | 0.24 | 0.28 | 0.28 | 0.28 | 0.31 |
| Wald Chi-square | 80.06*** | 87.91*** | 87.61*** | 87.37*** | 95.96*** |
| Dependent variable: IAQ Model (1) | Dependent variable: IAQ Model (2) | Dependent variable: IAQ Model (3) | Dependent variable: IAQ Model (4) | Dependent variable: IAQ Model (5) | |
|---|---|---|---|---|---|
| FAM_OW | 0.013 | 0.013 | 0.013 | 0.013 | |
| FIB | −0.001 (0.006) | −0.001 (0.006) | 0.001 (0.006) | ||
| F_LEAD | 0.029 (0.108) | 0.012 (0.107) | |||
| F_GEN | −0.291 | ||||
| LEV | − 0.693 | −0.663 | −0.670 | −0.664 | −0.639 |
| PROFIT | 0.150 (0.270) | 0.030 (0.273) | 0.033 (0.273) | 0.038 (0.274) | 0.062 (0.271) |
| SIZE | 0.167 | 0.188 | 0.188 | 0.189 | 0.194 |
| GROWTH | 0.099 | 0.097 | 0.097 | 0.096 | 0.094 |
| GEO_LOC | 0.174 (0.268) | 0.195 (0.255) | 0.200 (0.259) | 0.197 (0.261) | 0.215 (0.262) |
| B_SIZE | 0.000 (0.024) | 0.003 (0.024) | 0.002 (0.025) | 0.002 (0.025) | 0.015 (0.025) |
| CEO_DUALITY | 0.064 (0.085) | 0.099 (0.086) | 0.103 (0.088) | 0.102 (0.088) | 0.117 (0.087) |
| N_IND | 0.016 (0.028) | 0.016 (0.028) | 0.016 (0.028) | 0.015 (0.028) | 0.020 (0.027) |
| SUST_COM | 0.111 (0.081) | 0.112 (0.081) | 0.109 (0.082) | 0.111 (0.083) | 0.124 (0.082) |
| Years, Industry | Yes | Yes | Yes | Yes | Yes |
| INTERCEPT | −2.008 | −3.161 | −3.118 | − 3.151 | −2.920 |
| Observations | 320 | 320 | 320 | 320 | 320 |
| 0.24 | 0.28 | 0.28 | 0.28 | 0.31 | |
| Wald Chi-square | 80.06 | 87.91 | 87.61 | 87.37 | 95.96 |
Notes:
Standard errors are in parenthesis. Variables are described in Table 1; *p < 0.1; **p < 0.05; ***p < 0.01
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