Future Business Journal

Table 5 Multiple regression results

From: Firm performance and cost of equity capital: the moderating role of narrative risk disclosure quality in Egypt

Variables	Model (1)		Model (2)
Variables	Coef.	P-value	Coef.	P-value
Constant	0.211	0.000***	0.182	0.006***
ROA	− 0.0605	0.060*	0.250	0.003**
RDQ	–	–	0.005	0.441
ROA x RDQ	–	–	− 0.101	0.002***
Size	− 0.002	0.542	− 0.001	0.632
Leverage	0.021	0.024**	0.022	0.029**
EQ	− 0.033	0.537	− 0.041	0.440
Liquidity	− 0.0003	0.147	− 0.0001	0.820
Year fixed effect	Included		Included
Industry fixed Effect	Included		Included
R²	7.58%		8.85%
F-Values	5.14***		5.93***
No. of Observations	219		219

*Significant at level 10%, **Significant at level 5%, ***Significant at level 1%

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