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Table 21 Model 3: pooled least square method (LSM), used observations—169. Post-crisis 2015–2017

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 5.72124 3.095254 1.84839 0.066380
GTA − 0.38092 0.256865 − 1.48297 0.140038
NFATA 0.00752 0.498223 0.01510 0.987973
ROA 4.31112 1.822393 2.36564 0.019189
IPA − 0.19005 0.409561 − 0.46403 0.643251
CL − 0.06072 0.040362 − 1.50439 0.134441
FR − 2.69713 1.604090 − 1.68141 0.094622
SMC − 0.04764 0.069023 − 0.69027 0.491019
Multiple R 0.92376547
R2 0.85334265
Adjusted R2 0.84696624
F (6,386) 133.8281
Standard error of estimate 3.258177901
Durbin-Watson d 1.365065
Serial Corr. 0.315331
  1. Source: Authoring