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Table 12 Model 3: pooled least square method (LSM), used observations—393. Full sample 2011–2017

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

  Beta Std.Err. t(385) p level
const 4.13070 1.164131 3.54831 0.000436
GTA 0.54992 0.213389 2.57706 0.010336
NFATA 0.46224 0.261328 1.76880 0.077719
ROA 2.80794 0.907303 3.09482 0.002113
IPA − 0.28829 0.234385 − 1.23001 0.219445
CL − 0.02734 0.027987 − 0.97696 0.329201
FR − 1.41454 0.868948 − 1.62788 0.104368
SMC − 0.03476 0.024353 − 1.42728 0.154310
Multiple R 0.86029512
R2 0.74010770
Adjusted R2 0.73538238
F (6,386) 156.6261
Standard error of estimate 3.033566314
Durbin-Watson d 1.122604
Serial Corr. 0.438359
  1. Source: Authoring