Table 7

The summary of the regression coefficients of model 1 (with a time lag)

Regression modelUnstandardized coefficientt-statisticp-value
BStandard error
C−5.6421.330−4.2430.000
COMPACC10.8893.2853.3150.001
SIZE0.0920.0303.0710.002
ROA0.3200.1582.0280.043
LEV0.1940.1131.7240.085
SALE0.0070.0080.8910.373
CFO0.0350.0191.8360.067
BUSY0.1840.5670.3250.745
Coefficient of determinationAdjusted coefficient of determinationDurbin-Watson statisticF-statisticp-value
0.3100.1910.9752.606<0.001

Source(s): Created by authors

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