Table 5 Regression results of Model 3:... | Emerald Publishing

Table 5

Regression results of Model 3: Dependent variable – return on equity (ROE)

Variable	Coefficient	Std. error	t-stat	Prob	VIF values
ERS	0.278222	0.093247	2.983719	0.0061	1.279026
S/TA	0.372815	0.136699	2.727264	0.0113	1.793596
D/E	−0.046065	0.078173	−0.589276	0.5608	2.796906
SIZE	0.082550	0.106813	0.772846	0.4466	1.710358
CR	0.990782	0.241154	4.108494	0.0004	2.417276
C	−3.292351	1.297234	−2.537979	0.0175	NA
R-squared	0.589519
Adjusted R-squared	0.510580
F-statistic	7.468060
Prob. (F-statistics)	0.000185

Variable	Coefficient	Std. error	t-stat	Prob	VIF values
ERS	0.278222	0.093247	2.983719	0.0061	1.279026
S/TA	0.372815	0.136699	2.727264	0.0113	1.793596
D/E	−0.046065	0.078173	−0.589276	0.5608	2.796906
SIZE	0.082550	0.106813	0.772846	0.4466	1.710358
CR	0.990782	0.241154	4.108494	0.0004	2.417276
C	−3.292351	1.297234	−2.537979	0.0175	NA
R-squared	0.589519
Adjusted R-squared	0.510580
F-statistic	7.468060
Prob. (F-statistics)	0.000185

Source(s): Authors' own work