Future Business Journal

Table 3 Results of unit root test

From: The influence of intellectual capital on organizational performance

	ADF				PP
	Level		First-Difference		Level		First-Difference
	t-Statistics	P value	t-Statistics	P value	t-Statistics	P value	t-Statistics	P value
IC	1.8242	0.9986	− 3.1849**	0.0493	5.3851	1.0000	− 3.7917**	0.0189
LLTL	− 1.9087	0.3168	− 4.3684***	0.0077	− 1.4954	0.5014	− 4.3113***	0.0084
ROA	1.1332	0.9993	− 5.2959***	0.0100	− 3.7782*	0.0577	− 30.0517***	0.0001
TLTA	− 1.3664	0.5587	− 6.1412***	0.0006	− 0.6737	0.8173	− 6.1412***	0.0006
OM	1.7875	0.9987	− 6.0778***	0.0007	0.2378	0.9627	− 5.9723***	0.0008
SETA	− 1.3379	0.5718	− 6.3625***	0.0005	− 0.6765	0.8165	− 6.3624***	0.0005

*is 10% significant level; ** is 5% significant level; *** is 1% significant level. ADF represents Augmented Dickey–Fuller test; PP represents Phillips Peron test

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