Research Article

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

Table 5

Regression results of the impact of entrepreneurship on financing constraints (EGLS/binary PROBIT).

VariableEquation (5)-dependent variable: KZEquation (5)-dependent variable: JCEquation (5)-dependent variable: PE (PROBIT)Equation (5)-dependent variable: stockEquation (5)-dependent variable: debt1Equation (5)-dependent variable: debt2

epsi−0.003160.002818−0.012070.0282170.0021481.22E + 11
(−10.2999)−91.41663(−2.75192)−2.3781934.861806−3.586374
Constant−0.677813−0.614375−6.65692449.5916754.83734−2.92E + 16
(−14.55036)(−73.15327)(−7.807875)−132.7633.550712(−19.21336)
Scale0.335040.050510.705291−5.42050.285273−3.11E + 13
−59.22702−102.7388−7.459384(−135.324)47.68814(−20.051)
SF−0.000140.001463−0.013020.0682160.000381−2.66E + 11
(−1.91726)−74.33611(−4.7462)−71.288823.638333(−21.45089)
LR−0.05209−0.001760.031704−0.05562−0.00792−2.75E + 12
(−166.097)(−21.6377)−4.204081(−13.8188)−9.18876(−20.07745)
ZZ−0.014510.022523−0.11097−0.420020.05537−2.56E + 13
(−6.5252)−37.63026(−1.3147)(−18.3887)7.978613(−18.08465)
CCO−0.00023.81E − 05−0.0000053.49E + 00−0.00022−5.40E + 09
(−19.5065)−5.932283(−0.3118)−0.559766−6.23415(−12.3183)
YEARControlControlControlControlControlControl
INDUSControlControlControlControlControlControl
Adjusted R-squared0.997010.85040.153240.990.7045330.261459
N329934903723160018991993

∗∗∗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.