CSR = α + β1EM + β2INDUS + β3SIZE + β4ROA + β5LEV + β6GROWTH + β7MTB + β8R & D + β9BIG4 + ε | |||
---|---|---|---|
Variable | Coefficient | T | P-value |
EM | .1256402 | 0.68 | 0.495 |
SIC | .0232756 | 5.10 | 0.000 |
INDUS | .5019461 | 2.76 | 0.006 |
SIZE | .0985869 | 5.67 | 0.000 |
ROA | .022396 | 0.17 | 0.866 |
LEV | −.6804796 | −6.73 | 0.000 |
GROWTH | −.1251157 | −1.77 | 0.076 |
MTB | .0349716 | 6.24 | 0.000 |
RD | .1065307 | 3.35 | 0.001 |
BIG4 | .1186333 | 1.17 | 0.241 |