Impact Of Corporate Governance, CSR With Philanthropy Moderating Role On Firm’s Performance
Table 3:
Variables | Co-efficient | Standard Error | T Statistic | Probability |
C | 1.881 | 1.083 | 1.736 | .083 |
Firm Size | .047 | .021 | 2.210 | .027 |
Firm Age | -.677 | .284 | -2.383 | .017 |
Leverage | -.103 | .153 | -.673 | .501 |
Board Size | -.414 | .124 | 3.334 | .001 |
Board Independence | .131 | .220 | .596 | .551 |
CEO Duality | -.167 | .064 | -2.584 | .010 |
CSR | -.032 | .022 | -1.444 | .149 |
Philanthropy | .129 | .074 | -1.748 | .041 |
Philanthropy*Board Independence | .025 | .015 | -1.650 | .049 |
Philanthropy*Firm Age | -.530 | .020 | 2.637 | .008 |
Philanthropy*CEO Duality | -2.41E-07 | 1.08E-07 | -2.232 | .026 |
Philanthropy*LEVERAGE | -7.99E-08 | 8.55E-08 | -.935 | .035 |
Adj R2 | .548 | Durbin-Watson stat | .929 | |
F-stat | 8.207 | Probability | .000 |