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Variable description of logit model.
| Variables | Explanations | Range of values |
|---|---|---|
| Y1* | Business performance | 1 = low; 2 = medium; 3 = high |
| Y2* | Growth potential | |
| X1 | Enterprise | Xi = −15, −14, …0, 1, 2…15 |
| X2 | Conscientiousness | |
| X3 | Innovation | |
| X4 | Agreeableness | |
| X5 | Democracy | |
| X6 | Boy scout | |
| X7 | Organizational size | 1 = small; 2 = medium; 3 = large |
| X8 | Organizational ownership | 1 = state-owned company; 2 = private companies |
