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Table 19 Model 2: pooled least square method (LSM), used observations—169. Post-crisis 2015–2017a

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 2.59076 1.515763 1.70921 0.089350
GTA − 0.36317 0.257113 − 1.41249 0.159749
NFATA − 0.14941 0.513056 − 0.29121 0.771270
ROA 4.16440 1.809343 2.30161 0.022647
IPA − 0.24121 0.408504 − 0.59048 0.555704
CL − 0.05747 0.040292 − 1.42624 0.155746
FR 3.55110 1.751482 2.02748 0.044273
GDPG 0.76037 0.602127 1.26281 0.208496
INFL 0.41087 0.291664 1.40871 0.160861
Multiple R 0.92467988
R2 0.85503289
Adjusted R2 0.84778453
F (6,386) 117.9623
Standard error of estimate 3.249455337
Durbin-Watson d 1.384090
Serial Corr. 0.305821
  1. aThe estimation of the parameters according to the constructed model 2 is unbiased and effective
  2. Source: Authoring