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Table 4 Regression results

From: Impact of financial distress on the dividend policy of banks in India: evidence using panel data

STATIC MODELS

(1)

(2)

(3)

DV: DIV

COFF

P value

COFF

P value

COFF

P value

FD

.019

.000*

–

–

–

–

DFD

–

–

.007

.738

.024

.000*

DFD2

 

–

.0001

.640

–

–

DDER

–

–

–

–

.645

.245

I_DFD_DDER

–

–

–

–

− .085

.053*

l_sales

− .150

.142

− .308

.023*

− .162

.128

Wald test

10,061.2(.000)*

2.6e + 05(.000)*

10,310.4(.000)*

Wooldridge autocorrelation

20.69(.0001)*

20.696(.0001)*

16.38(.0003)*