Analyzing Relationship between Financing Constraints, Entrepreneurship, and Agricultural Company Using AI-Based Decision Support System

Table 3

Regression results of the impact of entrepreneurship on corporate performance.

Variable	Equation (1)		Equation (2)		Equation (3)
	OLS	EGLS	OLS	EGLS	OLS	EGLS
epsi	0.0199	0.0312	—	—	—	—
	−0.1178	−3.5136
R&D	—	—	0.2925	0.2941	0.1166	0.0763
			−1.8015	−18.3446	−0.4624	−4.2461
SP	—	—	0.0287	0.0285	—	—
			−1.3764	−57.4436
Scale	—	—	10.005	9.9810	—	—
			−2.5804	−32.4053
Time	—	—	−0.1141	−0.2402	—	—
			(−0.3963)	(−32.4053)
TimeR&D	—	—	—	—	−0.00081	−0.0058
					(−0.1616)	(−0.5676)
Degree	—	—	2.2765	2.0517	—	—
			−1.0783	−12.14
DegreeR&D	—	—	—	—	0.2208	0.2226
					−1.7821	−50.0869
WG	—	—	−4.7016	−6.5149	—	—
			(−0.5670)	(−5.3595)
Pledge	—	—	−1.0319	−2.0139	—	—
			(−0.1426)	(−2.6590)
LEVEL	—	—	−0.3018	−0.2907	—	—
			(−2.6101)	(−33.4821)
Invest	—	—	10.8131	10.5206	—	—
			−1.4748	−9.678
			Bet	—			—	143.1606	147.2056	—	—
−4.6694	−42.02177
SF	−0.3179	−0.3058	−0.4163	−0.4228	−0.3793	−0.3988
	(−3.3050)	(−39.1225)	(−4.7757)	(−225.0855)	(−4.2674)	(−106.079)
LR	0.2469	0.3097	0.9627	0.9204	1.0884	1.0710
	−0.5071	−9.8134	−2.8368	−59.6912	−2.8246	−24.7097
ZZ	50.0220	50.1458	46.7507	46.6339	52.9724	52.9557
	−16.6414	−201.8785	−17.9769	−360.6464	−18.4093	−311.0314
CCO	−0.0039	−0.003768	0.0078	0.0079	−0.0014	−0.0013
	(−0.5964)	(−0.2696)	−1.2722	−69.7907	(−0.2177)	(−12.2405)
YEAR	Control	Control	Control	Control	Control	Control
INDUS	Control	Control	Control	Control	Control	Control
Adjusted R-squared	0.12	0.9933	0.0906	0.9939	0.1165	0.9884
N	2678	2678	3722	3722	2898	2898

^∗∗∗At level 0.005 (double tails), the correlation was significant. ^∗∗At level 0.01 (double tails), the correlation was significant. ^∗At level 0.05 (double tails), the correlation was significant.