Table 6.
Generalized linear regression in serious regions.
| Dependent variables | REG | ROA | ROE | ATO |
|---|---|---|---|---|
| C | 0.002923 | −0.082392 | −0.012693 | −0.001927 |
| COVID-19 | −0.004335*** | −0.003532*** | −0.002245*** | −0.003544*** |
| DSR | −0.001432** | −0.001930** | −0.002804** | −0.001082** |
| COVID-19*DSR | −0.003193*** | −0.002291*** | −0.002192*** | −0.004138*** |
| CC | 0.002720*** | 0.001933*** | 0.001381*** | 0.001318*** |
| CSR | 0.001752** | 0.001429** | 0.001093** | 0.001029** |
| Liquidity | −0.00226 | 0.001072* | 0.001108* | −0.003025 |
| CCC | −0.000902* | −0.004072 | 0.000003 | −0.000712* |
| Capital structure | −0.001933 | −0.001651* | −0.001523* | −0.000492 |
| State ownership | −0.001923* | 0.0000023 | 0.0000013 | 0.00000028 |
| Size | 0.002837 | 0.000184* | 0.001224* | 0.003717 |
| F-statistics | 96.44512*** | 35.82471*** | 47.90162*** | 95.24629*** |
is 0.01 at significance level;
is 0.05 at significance level;
is 0.1 at significance level (cross-section weights and white cross-section covariance method).