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 17 Model 2: pooled least square method (LSM), used observations—1696. Pre-crisis 2011–2013

	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