Voluntary Carbon Disclosure And Firm Value: Evidence From Malaysian Carbon-Intensive Industries
Table 4:
| Tobin-s Q | |||
| Coefficient | T-stat | Robust std. err | |
| CONSTANT | 1.6252093 | 1.58 | 0.118 |
| VCD | .0284236 | 2.87 | 0.005 |
| FSIZE | -.0810634 | -0.63 | 0.531 |
| LEV | -.9243371 | -2.04 | 0.043 |
| LIQ | .1628633 | 3.00 | 0.003 |
| FAGE | -.0070124 | -1.26 | 0.209 |
| TANG | -.1419108 | -0.51 | 0.614 |
| AUDQ | .2698584 | 1.78 | 0.077 |
| R-Squared | 0.2858 | ||
| Adjusted R-Squared | 0.2387 | ||
| F-statistic | 6.06 | ||