Table 9 Regression results using... | Emerald Publishing

Table 9

Regression results using alternative measure

Year 2017–2021 (N = 652)
	Model 1			Model 2			Model 3
	Adj. R²	F-test Sig.	Coef.	Adj. R²	F-test Sig.	Coef.	Adj. R²	F-test Sig.	Coef.
Pooled data	0.153	0.000		0.165	0.000		0.220	0.000
Intercept			4.359^*			4.437^*			3.482^*
LogEarn			0.004						0.020
LogBV			0.360^*			0.339^*			0.416^*
LogAC						0.042^*
LogCF						0.021^*
Log_g									0.583^*
INDY			−0.069^*			−0.071^*			−0.058^*

Year 2017–2021 (N = 652)
	Model 1			Model 2			Model 3
	Adj.R²	F-testSig.	Coef.	Adj.R²	F-testSig.	Coef.	Adj.R²	F-testSig.	Coef.
Pooled data	0.153	0.000		0.165	0.000		0.220	0.000
Intercept			4.359^*			4.437^*			3.482^*
LogEarn			0.004						0.020
LogBV			0.360^*			0.339^*			0.416^*
LogAC						0.042^*
LogCF						0.021^*
Log_g									0.583^*
INDY			−0.069^*			−0.071^*			−0.058^*

Note(s): ^*indicates significance at 0.05 level

Source(s): Authors’ own work