Impact Of Corporate Governance, CSR With Philanthropy Moderating Role On Firm’s Performance
Table 4:
Variables | Co-efficient | Standard Error | T Statistic | Probability |
C | -.251 | .020 | -12.564 | 0000 |
Firm Size | .007 | .001 | 9.332 | .025 |
Firm Age | -3.85E-09 | 1.81E-09 | -2.134 | .033 |
Leverage | -.022 | .007 | -2.945 | .003 |
Board Size | -.132 | .013 | 10.187 | .030 |
Board Independence | -.017 | .003 | 6.328 | .024 |
CEO Duality | -.030 | .005 | -5.770 | .009 |
CSR | -7.77E-11 | 6.26E-11 | -1.242 | .214 |
Philanthropy | 2.40E-10 | 7.14E-11 | 3.337 | .001 |
Philanthropy*Board Independence | 4.57E-10 | 2.10E-10 | -2.275 | .023 |
Philanthropy*Firm Age | -6.71E-09 | 1.07E-08 | -.628 | .030 |
Philanthropy*CEO Duality | 3.04E-09 | 1.06E-08 | .287 | .774 |
Philanthropy*LEVERAGE | 5.02E-09 | 5.19E-19 | .967 | .223 |
Adj R2 | .3814 | Durbin-Watson stat | 1.787 | |
F-stat | 35.882 | Probability | .000 |