Table 2. Univariate analysis of the... | Emerald Publishing

Table 2.

Univariate analysis of the method of payment

Univariate analysis (2007–2019)
Event window			Multiple R		R square		Adj. R square
−3/+3			0.02967		0.00088		−0.00417
−5/+5			0.02429		0.00059		−0.00446
−30/7			0.02766		0.00077		−0.00428
	Coefficients		Standard error		t-stat		p-value
−3/+3	−0.093200		0.223142		−0.417673		0.676639
−5/+5	−0.108895		0.318526		−0.341871		0.732811
−30/7	−0.00734		1.05897		−0.00693		0.99448
Event window		−3/+3		−5/+5		−30/7
Average CAR (%)		−0.85		−0.82		−0.97
Daily returns (%)		0.30		0.22		0.10

Univariate analysis (2007–2019)
Event window			Multiple R		R square		Adj. R square
−3/+3			0.02967		0.00088		−0.00417
−5/+5			0.02429		0.00059		−0.00446
−30/7			0.02766		0.00077		−0.00428
	Coefficients		Standard error		t-stat		p-value
−3/+3	−0.093200		0.223142		−0.417673		0.676639
−5/+5	−0.108895		0.318526		−0.341871		0.732811
−30/7	−0.00734		1.05897		−0.00693		0.99448
Event window		−3/+3		−5/+5		−30/7
Average CAR (%)		−0.85		−0.82		−0.97
Daily returns (%)		0.30		0.22		0.10

Source:

Authors’ compilation (2023)