Table 6 Model IV: Dependent variable –... | Emerald Publishing

Table 6

Model IV: Dependent variable – TOBIN’S Q

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

Source(s): Authors' own work