Multicollinearity test
| Variable | VIF | 1/VIF |
|---|---|---|
| board_size | 3.03 | 0.329689 |
| board_meet | 2.94 | 0.339711 |
| board_ind | 1.30 | 0.771478 |
| fem_dir | 1.24 | 0.808381 |
| firm_age | 1.20 | 0.836448 |
| firm_size | 1.19 | 0.838391 |
| ac_meeting | 1.14 | 0.876008 |
| lev | 1.04 | 0.962339 |
| Mean VIF | 1.63 |
| Variable | VIF | 1/VIF |
|---|---|---|
| board_size | 3.03 | 0.329689 |
| board_meet | 2.94 | 0.339711 |
| board_ind | 1.30 | 0.771478 |
| fem_dir | 1.24 | 0.808381 |
| firm_age | 1.20 | 0.836448 |
| firm_size | 1.19 | 0.838391 |
| ac_meeting | 1.14 | 0.876008 |
| lev | 1.04 | 0.962339 |
Source(s): Authors’ own work
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