Research Article
Centralization and Firm Performance: New Evidence on the Role of Firm Size
Table 11
Regression results for the cost allocation management influence mechanism.
| | (1) | (2) () | (3) () |
| Variables | Costta | Cen | 6.521 (2.644) | 3.309 (1.591) | 1.336 (1.284) | | Size | -0.149 (0.143) | -0.008 (0.018) | 0.008 (0.017) | | c.Cen#c.Size | -0.293 (0.119) | -0.154 (0.078) | -0.057 (0.056) | | _cons | 3.219 (2.887) | 0.402 (0.382) | 0.082 (0.405) | | Control variable | Yes | Yes | Yes | Firm | Yes | Yes | Yes | Year | Yes | Yes | Yes | | 18,490 | 11,730 | 6760 | | 0.006 | 0.008 | 0.030 | | 0.005 | 0.007 | 0.028 |
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Standard errors in parentheses. , , and . |