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The Encumbrance Of Institutional Investor And Bod In Reducing Risk Of Default

Table 2:

Panel Model Test Model Diagnostic Checks Most Appropriate Model
BP-LM Hausman Heterokedasticity
Chibar-squared Prob. Chi-squared Prob. Chi-squared Prob.
A: LTCB OLS 1.29 0.128 - - OLS 156 0.000 OLS
RE 73.46 0.000
FE - -
B: LTS OLS 6.62 0.005 - - RE 965 0.000 RE Robust
RE 22.12 0.105
FE - -
C: MTCB OLS 1.87 0.086 - - OLS 9800000 0.000 OLS
RE 87.58 0.000
FE - -
D: MTS OLS 74.38 0.000 - - RE 110000 0.000 RE Robust
RE 23.61 0.072
FE - -
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