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Table 17 Model 2: pooled least square method (LSM), used observations—1696. 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(160) p level
const − 18.3781 6.645233 − 2.76561 0.006350
GTA − 0.7630 0.459439 − 1.66072 0.098728
NFATA 0.4239 0.345130 1.22817 0.221188
ROA 2.8034 1.278893 2.19203 0.029822
IPA 0.9756 0.310179 3.14529 0.001979
CL 0.0564 0.055287 1.02049 0.309036
FR 4.1540 1.385428 2.99837 0.003148
GDPG 0.1258 0.190812 0.65905 0.510814
INFL 3.6634 1.081069 3.38866 0.000884
Multiple R 0.94752626
R2 0.89780601
Adjusted R2 0.89269631
F (6,386) 175.7062
Standard error of estimate 2.677471023
Durbin-Watson d 1.102595
Serial Corr. 0.448672
  1. Source: Authoring