European Proceedings Logo

Corporate Life Cycle And Financial Performance In Terms Of Emerging Markets

Table 4: Summary Two-way Anova tables for dependent variables

dependent variable ROA
Source Type III Sum of Squares df Mean Square F Sig. Partial Eta Squared
Corrected Model 3,867a 9 0,43 65,647 0,000 0,058
Intercept 7,365 1 7,365 1125,206 0,000 0,105
COUNTRY 0,663 1 0,663 101,232 0,000 0,01
CYCLE 2,426 4 0,606 92,647 0,000 0,037
COUNTRY * CYCLE 0,045 4 0,011 1,707 0,145 0,001
Error 62,887 9608 0,007
Total 84,598 9618
Corrected Total 66,754 9617
R Squared = ,058 (Adjusted R Squared = ,057)
dependent variable LEV
Source Type III Sum of Squares df Mean Square F Sig. Partial Eta Squared
Corrected Model 64,907a 9 7,212 90,919 0,000 0,078
Intercept 1621,777 1 1621,777 20445,46 0,000 0,68
COUNTRY 29,071 1 29,071 366,491 0,000 0,037
CYCLE 15,544 4 3,886 48,989 0,000 0,02
COUNTRY * CYCLE 0,933 4 0,233 2,942 0,019 0,001
Error 762,127 9608 0,079
Total 3494,546 9618
Corrected Total 827,034 9617
R Squared = ,078 (Adjusted R Squared = ,078)
dependent variable SIZE
Source Type III Sum of Squares df Mean Square F Sig. Partial Eta Squared
Corrected Model 2233,975a 9 248,219 91,991 0,000 0,079
Intercept 430831,7 1 430831,7 159668,5 0,000 0,943
COUNTRY 909,81 1 909,81 337,18 0,000 0,034
CYCLE 573,039 4 143,26 53,093 0,000 0,022
COUNTRY * CYCLE 78,529 4 19,632 7,276 0,000 0,003
Error 25925,16 9608 2,698
Total 765130,6 9618
Corrected Total 28159,13 9617
R Squared = ,079 (Adjusted R Squared = ,078)
dependent variable AGE
Source Type III Sum of Squares df Mean Square F Sig. Partial Eta Squared
Corrected Model 11175,990a 9 1241,777 19,065 0,000 0,018
Intercept 2181565 1 2181565 33492,82 0,000 0,777
COUNTRY 4379,81 1 4379,81 67,242 0,000 0,007
CYCLE 2017,311 4 504,328 7,743 0,000 0,003
COUNTRY * CYCLE 230,65 4 57,663 0,885 0,472 0
Error 625819,8 9608 65,135
Total 4460174 9618
Corrected Total 636995,8 9617
R Squared = ,018 (Adjusted R Squared = ,017)
< Back to article

We care about your privacy

We use cookies or similar technologies to access personal data, including page visits and your IP address. We use this information about you, your devices and your online interactions with us to provide, analyse and improve our services. This may include personalising content or advertising for you. You can find out more in our privacy policy and cookie policy and manage the choices available to you at any time by going to ‘Privacy settings’ at the bottom of any page.

Manage My Preferences

You have control over your personal data. For more detailed information about your personal data, please see our Privacy Policy and Cookie Policy.

These cookies are essential in order to enable you to move around the site and use its features, such as accessing secure areas of the site. Without these cookies, services you have asked for cannot be provided.

Third-party advertising and social media cookies are used to
(1) deliver advertisements more relevant to you and your interests;
(2) limit the number of times you see an advertisement;
(3) help measure the effectiveness of the advertising campaign; and
(4) understand people’s behavior after they view an advertisement.
They remember that you have visited a site and quite often they will be linked to site functionality provided by the other organization. This may impact the content and messages you see on other websites you visit.