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A Systems View Across Time and Space

Table 23 Model 4: 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(159)

p level

const

4.11920

4.285502

0/96119

0.337905

GTA

− 0.36893

0.258380

− 1.42787

0.155279

NFATA

0.01378

0.499414

0.02559

0.979615

ROA

4.20871

1.836159

2.29213

0.023201

IPA

− 0.20128

0.410986

− 0.48975

0.624978

CL

− 0.06032

0.040458

− 1.49093

0.137950

FR

− 2.65994

1.609085

− 1.65308

0.100276

INFL

0.04169

0.076940

0.54182

0.588699

SMC

− 0.01467

0.092132

− 0.15926

0.873665

Multiple R

0.92391084

R2

0.85361124

Adjusted R2

0.84629180

F (6,160)

116.62

Standard error of estimate

3.2653

Durbin-Watson d

1.358871

Serial Corr.

0.318281

  1. aThe model 4 is constructed without the multicollinear variable GDPG
  2. Source: Authoring