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Corporate Governance and Corporate Social Responsibility Assessment in Enhancing Performance

Table 4: The results of regression analysis for H

Variables Coefficient Std. error t-statistic Prob.
C 9.987 7.946 1.257 0.106
Corporate governance –10.716 8.819 –1.215 0.114
CSR 16.689 8.309 2.008 0.023**
Control variables
DEBT –8.355 3.655 –2.286 0.012**
LIQUIDITY 2.328 0.998 2.331 0.011**
N 100
R-squared 0.287
Adjusted R-squared 0.257
F-statistic 9.546
Prob.(F-statistic) 0.000***
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