Regression of circular economy disclosure on councillors’ education and experience
| Variables | Model (1) | Model (2) | Model (3) |
|---|---|---|---|
| Control variables | |||
| Language | 11.825 (13.070) | 6.029 (14.271) | 2.742 (13.532) |
| Diversity | 6.278 (33.771) | −0.804 (33.301) | 6.385 (31.567) |
| Total_Revenue | 0.010*** (0.003) | 0.011*** (0.003) | 0.012*** (0.003) |
| Independent variables | |||
| Education | 6.059*** (2.233) | 7.178*** (2.137) | |
| Experience | −4.214** (1.769) | 6.545* (3.533) | |
| Sector membership | −0.745 (11.163) | 58.892** (20.224) | |
| Interaction | |||
| Sector x Experience | −13.096*** (3.788) | ||
| Intercept | 24.335 (18.063) | 36.731* (21.713) | −14.289 (25.289) |
| Observations | 100 | 100 | 100 |
| R-squared | 0.144 | 0.220 | 0.309 |
| Adj R-squared | 0.117 | 0.167 | 0.257 |
| F | 5.37 | 4.36 | 5.89 |
| Prob>F | 0.0018 | 0.0006 | 0.0000 |
| Mean VIF | 1.02 | 1.57 | |
| Variables | Model (1) | Model (2) | Model (3) |
|---|---|---|---|
| Language | 11.825 (13.070) | 6.029 (14.271) | 2.742 (13.532) |
| Diversity | 6.278 (33.771) | −0.804 (33.301) | 6.385 (31.567) |
| Total_Revenue | 0.010 | 0.011 | 0.012 |
| Education | 6.059 | 7.178 | |
| Experience | −4.214 | 6.545 | |
| Sector membership | −0.745 (11.163) | 58.892 | |
| Sector x Experience | −13.096 | ||
| Intercept | 24.335 (18.063) | 36.731 | −14.289 (25.289) |
| Observations | 100 | 100 | 100 |
| 0.144 | 0.220 | 0.309 | |
| Adj | 0.117 | 0.167 | 0.257 |
| F | 5.37 | 4.36 | 5.89 |
| Prob>F | 0.0018 | 0.0006 | 0.0000 |
| Mean VIF | 1.02 | 1.57 | |
Notes:
Standard errors in parentheses. ***p < 0.01; **p < 0.05; *p < 0.1.
For the definition of the variables, see Table 1
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