Table 8

The summary of the regression coefficients of model 2 (with a time lag)

Regression modelUnstandardized coefficientt-statisticp-value
BStandard error
C−77.02814.814−5.2000.000
COMPACC−229.62638.985−5.8900.000
SIZE−0.6320.121−5.2260.000
ROA2.3571.4671.6060.109
LEV2.8830.9483.0420.002
SALE0.1050.0961.0950.274
CFO−0.2060.213−0.9680.334
BUSY2.5612.7830.9200.358
Coefficient of determinationAdjusted coefficient of determinationDurbin-Watson statisticF-statisticp-value
0.4570.4071.6139.188<0.001

Source(s): Created by authors

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