1. for a test of joint significance of all independent variables in the equation. F-ratio 2 (prob.) is the F-ratio value (and corresponding probability) for a test of joint significance of the time dummy variables. F-ratio 3 (prob.) is the F-ratio value (and corresponding probability) for a test of joint significance of NDTS, MTBV, SIZE and STRUC. Dummy variables for industry classification are generally statistically significant;F-ratio 1 (prob.) is the F-ratio value (and corresponding probability
2. for a test of joint significance of all independent variables in the equation. F-ratio 2 (prob.) is the F-ratio value (and corresponding probability) for a test of joint significance of the time dummy variables. F-ratio 3 (prob.) is the F-ratio value (and corresponding probability) for a test of joint significance of NDTS, MTBV, SIZE and STRUC. Superscipt def indicates that the corresponding F-ratio (and probability) are for variables DEF99 to DEF94, rather than NDTS, MTBV, SIZE and STRUC. Similarly, superscript newdef indicates that the corresponding F-ratio (and probability) are for variables NEWDEF99 to NEWDEF94 rather than NDTS, MTBV, SIZE and STRUC. Dummy variables for industry classification are generally statistically significant;F-ratio 1 (prob.) is the F-ratio value (and corresponding probability