Table 7 Results of regression analysis.
Variables | Model 1 | Model 2 | Model 3 | Model 4 | Model 5 | Model 6 | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IG | II | IG | II | IG | II | ||||||||||||||
β | \(t\)-value | \(p\)-value | β | \(t\)-value | \(p\)-value | β | \(t\)-value | \(p\)-value | β | \(t\)-value | \(p\)-value | β | \(t\)-value | \(p\)-value | β | \(t\)-value | \(p\)-value | ||
Constant | 3.193 | 6.708 | 0.000*** | 2.557 | 4.998 | 0.000*** | 2.645 | 6.199 | 0.000*** | 1.898 | 4.288 | 0.000*** | 2.322 | 5.380 | 0.000*** | 1.554 | 3.449 | 0.001*** | |
Gender | 0.199 | 1.780 | 0.076* | 0.337 | 2.803 | 0.005*** | −0.062 | −0.597 | 0.551 | 0.024 | 0.224 | 0.823 | −0.039 | −0.380 | 0.704 | 0.052 | 0.491 | 0.624 | |
Age | 0.114 | 2.593 | 0.010** | 0.074 | 1.556 | 0.121 | 0.048 | 1.198 | 0.232 | −0.006 | −0.154 | 0.878 | 0.024 | 0.629 | 0.529 | −0.027 | −0.661 | 0.509 | |
Education | −0.053 | −1.183 | 0.238 | −0.043 | −0.896 | 0.371 | −0.039 | −0.980 | 0.328 | −0.026 | −0.639 | 0.524 | −0.031 | −0.803 | 0.423 | −0.019 | −0.476 | 0.634 | |
Firm size | 0.104 | 1.828 | 0.068* | 0.118 | 1.936 | 0.054* | 0.031 | 0.613 | 0.540 | 0.031 | 0.586 | 0.558 | 0.022 | 0.445 | 0.656 | 0.021 | 0.396 | 0.693 | |
Team size | −0.066 | −2.052 | 0.041** | −0.038 | −1.088 | 0.277 | −0.058 | −2.027 | 0.043** | −0.028 | −0.942 | 0.347 | −0.063 | −2.280 | 0.023** | −0.033 | −1.146 | 0.253 | |
Tenure | 0.064 | 1.831 | 0.068 | 0.148 | 3.962 | 0.000*** | 0.039 | 1.248 | 0.213 | 0.118 | 3.669 | 0.000*** | 0.045 | 1.487 | 0.138 | 0.125 | 3.961 | 0.000*** | |
Position | −0.020 | −0.537 | 0.592 | 0.021 | 0.525 | 0.600 | 0.035 | 1.044 | 0.297 | 0.088 | 2.500 | 0.013** | 0.014 | 0.429 | 0.668 | 0.068 | 1.982 | 0.048** | |
Marital status | 0.048 | 1.596 | 0.111 | 0.073 | 2.267 | 0.024** | 0.044 | 1.647 | 0.101 | 0.068 | 2.469 | 0.014** | 0.047 | 1.821 | 0.070* | 0.071 | 2.649 | 0.008*** | |
Ownership | 0.077 | 0.542 | 0.588 | 0.045 | 0.291 | 0.771 | 0.081 | 0.642 | 0.521 | 0.049 | 0.376 | 0.707 | 0.097 | 0.783 | 0.434 | 0.059 | 0.457 | 0.648 | |
PECSR | 0.309 | 9.566 | 0.000*** | 0.371 | 11.070 | 0.000*** | 0.293 | 8.745 | 0.000*** | 0.351 | 10.044 | 0.000** | |||||||
PsyCap | 0.104 | 2.257 | 0.025** | 0.113 | 2.361 | 0.019** | |||||||||||||
PECSR x PsyCap | 0.106 | 2.541 | 0.011** | 0.085 | 1.951 | 0.052* | |||||||||||||
R2 | 0.096 | 0.145 | 0.289 | 0.373 | 0.336 | 0.407 | |||||||||||||
Adjusted R2 | 0.072 | 0.122 | 0.268 | 0.354 | 0.312 | 0.386 | |||||||||||||
F value | 3.978*** | 6.344*** | 13.690*** | 20.016*** | 14.137*** | 19.146*** |