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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
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