Correlation-and-regression analysis of the influence of macroeconomic factors on capital structure of Russian corporations under crisis conditions

Journal of Innovation and Entrepreneurship

A Systems View Across Time and Space

Table 11 Model 2: pooled least square method (LSM), used observations—393. Full sample 2011–2017

	Beta	Std.Err.	t(384)	p level
const	2.21591	0.753758	2.93981	0.003483
GTA	− 0.53347	0.214206	− 2.49045	0.013180
NFATA	0.45218	0.262277	1.72407	0.085499
ROA	2.78375	0.910303	3.05805	0.002384
IPA	− 0.25261	0.235443	− 1.07292	0.283982
CL	− 0.02479	0.028253	− 0.87742	0.380806
FR	− 1.58856	0.889038	− 1.78683	0.074753
GDPG	0.05136	0.076831	0.66843	0.504262
INFL	0.08648	0.056075	1.54219	0.123850
Multiple R			0.86045444
R²			0.74038184
Adjusted R²			0.73497313
F (6,386)			136.8869
Standard error of estimate			3.035911215
Durbin-Watson d			1.122557
Serial Corr.			0.438324