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) ()

VariablesCostta
Cen6.521 (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)
_cons3.219 (2.887)0.402 (0.382)0.082 (0.405)
Control variableYesYesYes
FirmYesYesYes
YearYesYesYes
18,49011,7306760
0.0060.0080.030
0.0050.0070.028

Standard errors in parentheses. , , and .