Table 3 Regression results of Model 1:... | Emerald Publishing

Table 3

Regression results of Model 1: Dependent variable – Tobin’s Q

Variable	Coefficient	Std. error	t-stat	Prob	VIF values
ERS	−0.197022	0.097688	−2.016845	0.0546	1.129640
M/B	0.038966	0.009527	4.090112	0.0004	1.562442
S/TA	−0.265000	0.242052	−1.094807	0.2840	1.548580
D/E	−0.397263	0.165678	−2.397806	0.0243	1.695576
SIZE	−0.209888	0.135941	−1.543963	0.1352	2.229376
CR	0.112371	0.086533	1.298596	0.2059	1.320834
C	3.509388	1.593128	2.202828	0.0370	NA
R-squared	0.723999
Adjusted R-squared	0.657758
F-statistic	10.92988
Prob. (F-statistics)	0.000006

Variable	Coefficient	Std. error	t-stat	Prob	VIF values
ERS	−0.197022	0.097688	−2.016845	0.0546	1.129640
M/B	0.038966	0.009527	4.090112	0.0004	1.562442
S/TA	−0.265000	0.242052	−1.094807	0.2840	1.548580
D/E	−0.397263	0.165678	−2.397806	0.0243	1.695576
SIZE	−0.209888	0.135941	−1.543963	0.1352	2.229376
CR	0.112371	0.086533	1.298596	0.2059	1.320834
C	3.509388	1.593128	2.202828	0.0370	NA
R-squared	0.723999
Adjusted R-squared	0.657758
F-statistic	10.92988
Prob. (F-statistics)	0.000006

Source(s): Authors' own work