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Table 20 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(161) p level
const 3.47156 1.348232 2.57490 0.010927
GTA − 0.36820 0.257556 − 1.42961 0.154768
NFATA 0.01914 0.496305 0.03857 0.969280
ROA 4.16790 1.812680 2.29931 0.022773
IPA − 0.20669 0.408340 − 0.50617 0.613433
CL − 0.06010 0.040312 − 1.49093 0.137937
FR − 2.63739 1.597986 − 1.65045 0.100801
INFL 0.04978 0.057593 0.86435 0.388681
Multiple R 0.92389828
R2 0.85358804
Adjusted R2 0.84722230
F (7,161) 134.09
Standard error of estimate 3.2556
Durbin-Watson d 1.358143
Serial Corr. 0.3318614
  1. aThe model 2 is constructed without the multicollinear variable GDPG