Panel EGLS regression results: TobinQ and integrated reporting
| Variable | Unstandardised coefficient | Robust standard error | T-statistic |
|---|---|---|---|
| IRSCORE | -0.0689 | 0.2479 | -0.2782 |
| LEV | 0.0353*** | 0.0073 | 4.8052 |
| ROA | 3.5251*** | 0.5907 | 5.9668 |
| CAPEXR | -2.1146*** | 0.4820 | -4.3866 |
| LNASSETS | -0.5920*** | 0.686 | -8.6239 |
| SALESG | 0.0341* | 0.0193 | 1.7665 |
| DIV | 0.2595** | 0.1148 | 2.2593 |
| INDSENS | 0.2012** | 0.0783 | 2.5672 |
| LOSS | -0.0772 | 0.0679 | -1.1375 |
| N | 525 | ||
| D-W STATISTIC | 1.5438 | ||
| R2 | 0.4616 | ||
| Adjusted R2 | 0.4424 | ||
| F-statistic | 24.1057*** | ||
| Variable | Unstandardised coefficient | Robust standard error | T-statistic |
|---|---|---|---|
| -0.0689 | 0.2479 | -0.2782 | |
| 0.0353*** | 0.0073 | 4.8052 | |
| 3.5251*** | 0.5907 | 5.9668 | |
| -2.1146*** | 0.4820 | -4.3866 | |
| -0.5920*** | 0.686 | -8.6239 | |
| 0.0341* | 0.0193 | 1.7665 | |
| 0.2595** | 0.1148 | 2.2593 | |
| 0.2012** | 0.0783 | 2.5672 | |
| -0.0772 | 0.0679 | -1.1375 | |
| 525 | |||
| D-W STATISTIC | 1.5438 | ||
| 0.4616 | |||
| Adjusted | 0.4424 | ||
| 24.1057*** | |||
***, ** and * denote significance at the 1, 5 and 10% levels respectively