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Table 15 Model 3: pooled least square method (LSM), used observations—169. Pre-crisis 2011–2013

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

  Beta Std.Err. t(161) p level
const 4.86084 1.632137 2.97820 0.003348
GTA − 0.88524 0.470705 − 1.88067 0.061823
NFATA 0.72061 0.343875 2.09556 0.037685
ROA 4.07282 1.240851 3.28228 0.001263
IPA 0.77580 0.314950 2.46324 0.014821
CL 0.07563 0.056691 1.33408 0.184060
FR − 2.22174 1.297928 − 1.71176 0.088866
SMC − 0.03667 0.032552 − 1.12663 0.261574
Multiple R 0.94366538
R2 0.89050434
Adjusted R2 0.88574366
F (6,386) 187.0540
Standard error of estimate 2.762851907
Durbin-Watson d 1.013260
Serial Corr. 0.493345
  1. Source: Authoring