Table 7 CUP-FM estimation result.
Variable | Results | |
|---|---|---|
Coefficient | Prob. | |
Management efficiency | −0.213 | 0.004 |
Number of employees | 0.492 | 0.066 |
Earnings per share | 0.069 | 0.039 |
Technology Expenditure | −0.326 | 0.011 |
Tax payment | 0.167 | 0.043 |
Variable | Results | |
|---|---|---|
Coefficient | Prob. | |
Management efficiency | −0.213 | 0.004 |
Number of employees | 0.492 | 0.066 |
Earnings per share | 0.069 | 0.039 |
Technology Expenditure | −0.326 | 0.011 |
Tax payment | 0.167 | 0.043 |