Table 2. Results of the multivariate... | Emerald Publishing

Table 2.

Results of the multivariate analysis

Model	1	2	3	4	5
Variable	WORKFORCE	HUMRIGHTS	COMMUNITY	PRODUCTRESP	CORPREP
BOARDSIZ	1.69***	0.66	1.73***	−0.12	0.99***
BOARDGEN	0.19**	0.28**	0.15*	0.21**	0.21***
INDEBOARD	0.10**	0.09	−0.01	0.07	0.06*
AUDITBOARD	−0.43	−2.38	2.23	−3.37	−0.99
ROA	3.66	−0.82	7.06	−1.97	1.98
LEVERAGE	−1.84	−2.35	−0.75	−3.44	−2.09
FIRMSIZE	10.30***	14.75***	9.11***	7.94***	10.52***
CSRCOMM	24.92***	13.74***	10.07***	16.86***	16.40***
GLOBALCOM	11.16***	16.78***	6.85***	6.46***	10.31***
INDUSTRY	2.75	4.58*	−1.03	10.40***	4.17***
Observations	507	507	507	507	507
R² within	0.5215	0.3471	0.2434	0.2762	0.5079
VIF	1.31	1.31	1.31	1.31	1.31
Root MSE	21.11	28.17	25.03	24.06	17.17
AIC	4,542.51	4,834.78	4,714.89	4,675.11	4,332.83

Model	1	2	3	4	5
Variable	WORKFORCE	HUMRIGHTS	COMMUNITY	PRODUCTRESP	CORPREP
BOARDSIZ	1.69***	0.66	1.73***	−0.12	0.99***
BOARDGEN	0.19**	0.28**	0.15*	0.21**	0.21***
INDEBOARD	0.10**	0.09	−0.01	0.07	0.06*
AUDITBOARD	−0.43	−2.38	2.23	−3.37	−0.99
ROA	3.66	−0.82	7.06	−1.97	1.98
LEVERAGE	−1.84	−2.35	−0.75	−3.44	−2.09
FIRMSIZE	10.30***	14.75***	9.11***	7.94***	10.52***
CSRCOMM	24.92***	13.74***	10.07***	16.86***	16.40***
GLOBALCOM	11.16***	16.78***	6.85***	6.46***	10.31***
INDUSTRY	2.75	4.58*	−1.03	10.40***	4.17***
Observations	507	507	507	507	507
R² within	0.5215	0.3471	0.2434	0.2762	0.5079
VIF	1.31	1.31	1.31	1.31	1.31
Root MSE	21.11	28.17	25.03	24.06	17.17
AIC	4,542.51	4,834.78	4,714.89	4,675.11	4,332.83

Notes:

***<0.01; **<0.05; *<0.10

Source: Authors’ own creation