Skip to main content

Table 7 Panel data analysis results with EPS as the dependent variable

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

Variables

Pooled OLS

Fixed effects

Random effects

Coefficient

P value

Coefficient

P value

Coefficient

P value

Community

− 102.1362

0.554

− 189.8624

0.289

− 58.63368

0.732

Diverse

414.4794

0.064

− 1300.931

0.006

344.1367

0.119

Environment

280.4711

0.233

199.2085

0.497

219.4481

0.352

Work

− 136.3169

0.520

− 180.325

0.521

− 105.9302

0.623

Constant

− 160.4673

990.6312

− 133.7672

R-squared

0.2412

0.1658

0.2380

P value (F)

0.1274

0.0564

0.2107

F-test

      

Chi-square

  

10.15

  

P value

  

0.0001

  

Lagrange multiplier test

      

Chi-square

2.40

    

P value

0.0605

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