Corporate Performance | |||
---|---|---|---|
 | Model 7 | Model 8 | Model 9 |
Firm size | 0.061 | 0.054 | 0.059 |
Industry type | 0.125 | 0.079 | 0.117 |
Listed | −0.627*** | −.432** | −0.406 |
Firm age | −0.120* | −0.056 | − 0.063 |
Ownership | 0.088 | 0.014 | 0.035 |
HPWS | Â | 0.484*** | 0.459*** |
OL | Â | 0.020 | 0.024 |
HPWS * OL | Â | 0.210* | |
R 2 | 0.181 | 0.348 0.366 | |
∆ R2 | – | 0.167 0.185 | |
F | 7.500*** | 12.649*** | 11.883** |
∆F | – | 5.149*** | 4.383*** |
Mean VIF | 1.46 | 1.55 | 1.50 |