Model VI: Dependent variable – return on equity (ROE)
| Variable | Coefficient | Std. error | t-stat | Prob |
|---|---|---|---|---|
| Trans risk | 0.147029 | 0.040804 | 3.603264 | 0.0013 |
| S/TA | 0.340154 | 0.127004 | 2.678305 | 0.0127 |
| D/E | −0.097368 | 0.073948 | −1.316720 | 1.1994 |
| Size | 0.881393 | 0.214769 | 4.103912 | 0.0004 |
| CR | 0.089683 | 0.101048 | 0.887528 | 0.3829 |
| C | −4.992007 | 1.356304 | −3.680597 | 0.0011 |
| R-squared | 0.632489 | |||
| Adjusted R-squared | 0.561814 | |||
| F-statistic | 8.949255 | |||
| Prob. (F-statistics) | 0.000048 | |||
| Variable | Coefficient | Std. error | Prob | |
|---|---|---|---|---|
| Trans risk | 0.147029 | 0.040804 | 3.603264 | 0.0013 |
| S/TA | 0.340154 | 0.127004 | 2.678305 | 0.0127 |
| D/E | −0.097368 | 0.073948 | −1.316720 | 1.1994 |
| Size | 0.881393 | 0.214769 | 4.103912 | 0.0004 |
| CR | 0.089683 | 0.101048 | 0.887528 | 0.3829 |
| C | −4.992007 | 1.356304 | −3.680597 | 0.0011 |
| 0.632489 | ||||
| Adjusted | 0.561814 | |||
| 8.949255 | ||||
| Prob. ( | 0.000048 | |||
Source(s): Authors' own work
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