Table 7 Regression weights of SEM (political connections and firm value using the related party transactions as a moderating variable)
Unstandardized estimate | Standardized estimate | S.E | C.R | P | |
|---|---|---|---|---|---|
TQ←CEO_gender | 1.004 | .118 | .456 | 2.200 | .*** |
TQ←Board_size | − .017 | − .076 | .012 | − 1.462 | .144 |
TQ←Board_Exper | .267 | .117 | .123 | 2.173 | *** |
TQ←Firm_Size | − .320 | − .173 | .101 | − 3.155 | ** |
TQ←Profitability | .648 | .096 | .356 | 1.821 | .069 |
TQ←Big4 | .345 | .147 | .126 | 2.744 | ** |
TQ←Leverage | − .757 | − .126 | .310 | − 2.447 | *** |
TQ←Related_Party | − .222 | − .098 | .158 | − 1.410 | ** |
TQ←Related_Political | − .366 | − .120 | .244 | − 1.500 | *** |
TQ←Political_Conne | .475 | .210 | .160 | 2.959 | *** |