Table 6 The impact of risk of a stock... | Emerald Publishing

Table 6

The impact of risk of a stock prices breakdown caused by corporate governance

$Explained variable$
$DUVOL$
$Variables$	$T - S t a t i s t i c$	$Coefficient$	$Standard Error$	$Probability$
$Constant$	5.93	1.0765	0.1706	0.000
$Index$	−4.08	−0.2806	0.0567	0.001
$Size$	−8.63	−0.759	0.0075	0.000
$DTURN$	3.36	0.0138	0.0035	0.000
$MB$	4.85	0.0142	0.0022	0.000
$Sigma$	−2.64	−1.3226	0.4726	0.037
$TOP$	−1.79	−0.0985	0.0678	0.206
$IIH$	4.86	0.4097	0.0691	0.000
$T e s t o f m o d e l s i g n i f i c a n c e$
$P - value$			0.000
$F - value$			24.35
$T e s t o f g o o d n e s s f i t$
$R$ ²			0.0342
$Adjusted R$ ²			0.0328

$Explained variable$
$DUVOL$
$Variables$	$T - S t a t i s t i c$	$Coefficient$	$Standard Error$	$Probability$
$Constant$	5.93	1.0765	0.1706	0.000
$Index$	−4.08	−0.2806	0.0567	0.001
$Size$	−8.63	−0.759	0.0075	0.000
$DTURN$	3.36	0.0138	0.0035	0.000
$MB$	4.85	0.0142	0.0022	0.000
$Sigma$	−2.64	−1.3226	0.4726	0.037
$TOP$	−1.79	−0.0985	0.0678	0.206
$IIH$	4.86	0.4097	0.0691	0.000
$T e s t o f m o d e l s i g n i f i c a n c e$
$P - value$			0.000
$F - value$			24.35
$T e s t o f g o o d n e s s f i t$
$R$ ²			0.0342
$Adjusted R$ ²			0.0328

Source(s): Table by authors