Table 6 Fixed-effect model results ROA... | Emerald Publishing

Table 6

Fixed-effect model results

ROA	Coefficient	Standard error
Lag1.ROA	0.738***	0.012
TDTA	−0.036***	0.005
TANG	−0.010	0.008
FRS	0.000	0.031
CTOR	−0.005	0.002
PHCI	−0.003**	0.001
FAGE	−0.013***	0.003
CONSTANT	0.105***	0.017
R²	0.389
No. of observations	14,036
Prob > F	0.000***
F-statistic	683.16

ROA	Coefficient	Standard error
Lag1.ROA	0.738***	0.012
TDTA	−0.036***	0.005
TANG	−0.010	0.008
FRS	0.000	0.031
CTOR	−0.005	0.002
PHCI	−0.003**	0.001
FAGE	−0.013***	0.003
CONSTANT	0.105***	0.017
R²	0.389
No. of observations	14,036
Prob > F	0.000***
F-statistic	683.16

Note(s): *p < 0.1, **p < 0.05, ***p < 0.01

Source(s): Own elaboration