TABLE 1.
(1) | (2) | (3) | |
| |||
Likes | Comments | Shares | |
Independent variable Community | –0.215** | –0.107 | –0.604*** |
(–2.040) | (–0.925) | (–5.302) | |
Action | 0.177** | 0.470*** | 0.203** |
(2.030) | (4.570) | (2.052) | |
Affec_response | 0.249*** | 0.345*** | 0.115 |
(3.370) | (4.745) | (1.397) | |
Inter_response | 0.119 | 0.226*** | 0.086 |
(1.492) | (2.613) | (0.981) | |
Co_response | 0.171** | 0.148** | 0.242*** |
(2.461) | (2.176) | (3.174) | |
Discretionary purchases | 0.648*** | –0.108 | –1.834*** |
(4.344) | (–0.653) | (–12.193) | |
Brand image | 0.397*** | 0.286*** | 0.382*** |
Control variable | (5.046) | (3.374) | (4.283) |
Post scheduling | –0.108* | –0.001 | –0.017 |
(–1.768) | (–0.009) | (–0.258) | |
Weekdays | –0.232** | –0.263*** | –0.312*** |
(–2.367) | (–2.722) | (–2.855) | |
Lenth of post | –0.000 | –0.000 | –0.000 |
(–0.224) | (–0.391) | (–0.846) | |
Hashtags | 0.042 | 0.009 | 0.223*** |
(0.541) | (0.118) | (2.832) | |
Link | –0.046 | 0.431*** | 0.739*** |
(–0.440) | (3.956) | (5.682) | |
Picture | 0.244*** | 0.392*** | 0.357*** |
(3.118) | (4.997) | (4.759) | |
Video | –0.018 | –0.207*** | 0.120 |
(–0.239) | (–2.616) | (1.400) | |
Number of post | 0.000*** | 0.000*** | 0.000** |
(5.733) | (5.758) | (2.407) | |
Fans of brand | 0.000*** | 0.000*** | 0.000** |
(3.757) | (3.672) | (1.990) | |
Posting frequency | 0.041 | –0.348*** | –0.330*** |
(1.061) | (–7.825) | (–7.688) | |
_cons | 3.430*** | 3.238*** | 3.891*** |
(13.591) | (11.653) | (13.986) | |
Number of obs | 1,519 | 1,519 | 1,519 |
R-squared | 19.68% | 26.45% | 29.32% |
F-test | 22.847 | 41.390 | 39.889 |
Prob > F | 0.000 | 0.000 | 0.000 |
AIC | 4806.879 | 4838.270 | 5079.557 |
BIC | 4902.744 | 4934.135 | 5175.421 |
***p < 0.01, **p < 0.05, *p < 0.1.
AIC, Akaike information criterion; BIC, Bayesian information criterion.