dissertation in pdf-format - Aalto-yliopisto
dissertation in pdf-format - Aalto-yliopisto
dissertation in pdf-format - Aalto-yliopisto
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Characteristics of successful gazelles 27<br />
Table 2 Stepwise regression model for success<br />
Dependent variable:<br />
Unstandardised coefficients Standardised coefficients Exp. (b) Coll<strong>in</strong>earity statistics<br />
log of sales growth success<br />
Coeff. S.E. Coeff. t Sig. Lower limit Upper limit Tolerance VIF<br />
Independent variables<br />
Constant 72.607 1.356 53.156 *** 69.939 75.275<br />
Profitability factor 12.969 0.978 0.567 13.267 *** 11.046 14.893 0.989 1.011<br />
Branch of <strong>in</strong>dustry:<br />
–13.231 2.655 –0.216 –4.984 *** –18.454 –8.008 0.965 1.036<br />
(other <strong>in</strong>dustries vs. trade)<br />
Number of auxiliary bus<strong>in</strong>ess names –1.098 0.292 –0.163 –3.764 *** –1.673 –0.524 0.968 1.033<br />
Branch of <strong>in</strong>dustry:<br />
–9.953 3.058 –0.142 –3.255 *** –15.970 –3.936 0.953 1.049<br />
(other <strong>in</strong>dustries vs. transportation<br />
and telecommunication)<br />
Growth of the number of staff –0.044 0.018 –0.109 –2.514 * –0.079 –0.010 0.960 1.042<br />
Model summary<br />
Number of firms n = 320<br />
(28 miss<strong>in</strong>g cases)<br />
Stepwise regression 5 Step<br />
R 2 0.432<br />
Adjusted R 2 0.423<br />
Std. error of the estimate 17.474<br />
Change statistics<br />
R 2 change 0.011<br />
F change 6.320<br />
df1 1<br />
df2 314<br />
Sig. F change 0.012<br />
Durb<strong>in</strong>-Watson 2.019<br />
Note: Level of significance *p .05, **p .01, ***p .001