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Table 4 Random effect with control variable (firm size)

From: Impact of corporate social responsibility on organization’s financial performance: evidence from Maldives public limited companies

Random effect model

Effect of the control variable (size)

Variables

Coefficient

P value

Community

− 0.0177123

0.833

Diverse

− 0.447828*

0.000

Environment

0.2637665

0.144

Work

0.2082073

0.058

Size

− 0.0322076*

0.000

Constant

0.7289

R-square

0.7076

F-test

0.0000

Chi-square

58.08

P value

0.0000

  1. The result is evaluated based on a 95% level of significance