ROE

Coef.

St.Err.

t-value

p-value

[95% Conf

Interval]

Sig

INAQ

0.048

0.008

5.65

0

0.031

0.065

^***

TAT

0.079

0.05

1.59

0.114

−0.019

0.177

Size

0.082

0.033

2.53

0.013

0.018

0.147

^**

LE

−0.139

0.114

−1.22

0.225

−0.365

0.087

Share

−0.002

0.001

−1.92

0.058

−0.004

0

^*

Growth

0.037

0.032

1.16

0.249

−0.026

0.101

LnB

0.043

0.039

1.11

0.269

−0.034

0.12

2017b

0

.

.

.

.

.

2018

−0.008

0.007

−1.25

0.214

−0.022

0.005

2019

−0.015

0.008

−1.92

0.058

−0.031

0

^*

2020

−0.018

0.009

−1.91

0.059

−0.036

0.001

^*

2021

−0.026

0.014

−1.86

0.066

−0.054

0.002

^*

Constant

−1.894

0.689

−2.75

0.007

−3.261

−0.527

^***

Mean dependent var

0.089

SD dependent var

0.076

R-squared

0.314

Number of obs

500

F-test

8.680

Prob > F

0.000

Akaike crit. (AIC)

−1742.896

Bayesian crit. (BIC)

−1696.535