Appendix

DATASET CLOSE DataSet1.

DESCRIPTIVES VARIABLES=years
/STATISTICS=MEAN STDDEV MIN MAX.

Descriptives
Notes
Output Created 03-OCT-2018
14:23:55
Comments
Input Data /Users/realizam.mame
/Documents/spss/shar
eholder value publicly
listed.sav
Active Dataset DataSet2
Filter <none>
Weight <none>
Split File <none>
N of Rows in
Working Data 9
File
Missing Value Definition of User defined missing
Handling Missing values are treated as
missing.
Cases Used All non-missing data
are used.
Syntax DESCRIPTIVES
VARIABLES=years
/STATISTICS=MEAN
STDDEV MIN MAX.
Resources Processor Time 00:00:00.00
Elapsed Time 00:00:00.00

Descriptive Statistics
Std.
N Minimum Maximum Mean Deviation
years 9 11.00 184.00 50.2222 51.92730
Valid N
9
(listwise)

DESCRIPTIVES VARIABLES=employees
/STATISTICS=MEAN STDDEV MIN MAX.
Descriptives
Notes
Output Created 03-OCT-2018
14:24:24
Comments
Input Data /Users/realizam.mame
/Documents/spss/shar
eholder value publicly
listed.sav
Active Dataset DataSet2
Filter <none>
Weight <none>
Split File <none>
N of Rows in
Working Data 9
File
Missing Value Definition of User defined missing
Handling Missing values are treated as
missing.
Cases Used All non-missing data
are used.
Syntax DESCRIPTIVES
VARIABLES=employe
es
/STATISTICS=MEAN
STDDEV MIN MAX.
Resources Processor Time 00:00:00.00
Elapsed Time 00:00:00.00

Descriptive Statistics
Std.
N Minimum Maximum Mean Deviation
Employees 9 253.00 5391.00 1998.0000 1571.32643
Valid N
9
(listwise)

DESCRIPTIVES VARIABLES=assets
/STATISTICS=MEAN STDDEV MIN MAX.

Descriptives
Notes
Output Created 03-OCT-2018
14:24:58
Comments
Input Data /Users/realizam.mame
/Documents/spss/shar
eholder value publicly
listed.sav
Active Dataset DataSet2
Filter <none>
Weight <none>
Split File <none>
N of Rows in
Working Data 9
File
Missing Value Definition of User defined missing
Handling Missing values are treated as
missing.
Cases Used All non-missing data
are used.
Syntax DESCRIPTIVES
VARIABLES=assets
/STATISTICS=MEAN
STDDEV MIN MAX.
Resources Processor Time 00:00:00.00
Elapsed Time 00:00:00.00

Descriptive Statistics
Std.
N Minimum Maximum Mean Deviation
Assets 4144281205 5739923340 2182611408 2117011547
9
4.00 00.00 05.1111 20.12010
Valid N
9
(listwise)

DESCRIPTIVES VARIABLES=sales
/STATISTICS=MEAN STDDEV MIN MAX.

Descriptives
Notes
Output Created 03-OCT-2018
14:25:25
Comments
Input Data /Users/realizam.mame
/Documents/spss/shar
eholder value publicly
listed.sav
 Active Dataset DataSet2
Filter <none>
Weight <none>
Split File <none>
N of Rows in
Working Data 9
File
Missing Value Definition of User defined missing
Handling Missing values are treated as
missing.
Cases Used All non-missing data
are used.
Syntax DESCRIPTIVES
VARIABLES=sales
/STATISTICS=MEAN
STDDEV MIN MAX.
Resources Processor Time 00:00:00.00
Elapsed Time 00:00:00.00

Descriptive Statistics
Std.
N Minimum Maximum Mean Deviation
Sales 4263957407 2231154270 4518166070 7011922620
9
.00 00.00 8.7778 6.63250
Valid N
9
(listwise)

DESCRIPTIVES VARIABLES=growth opmfaiwci tax

/STATISTICS=MEAN STDDEV MIN MAX.

Descriptives
Notes
Output Created 03-OCT-2018
14:26:00
Comments
Input Data /Users/realizam.mame
/Documents/spss/shar
eholder value publicly
listed.sav
Active Dataset DataSet2
Filter <none>
Weight <none>
Split File <none>
 N of Rows in
Working Data 9
File
Missing Value Definition of User defined missing
Handling Missing values are treated as
missing.
Cases Used All non-missing data
are used.
Syntax DESCRIPTIVES
VARIABLES=growth
opmfaiwci tax
/STATISTICS=MEAN
STDDEV MIN MAX.
Resources Processor Time 00:00:00.00
Elapsed Time 00:00:00.00

Descriptive Statistics
Std.
N Minimum Maximum Mean Deviation
Growth 9 .11 .32 .1811 .07034
Opm 9 -.07 .19 .0341 .07431
Fai 9 .01 .62 .2227 .18867
Wci 9 .04 .40 .1391 .10388
Tax 9 .11 .31 .2322 .06399
Valid N
9
(listwise)

DATASET ACTIVATE DataSet2.

SAVE OUTFILE='/Users/realizam.mame/Documents/spss/shareholder value

publicly listed.sav'
/COMPRESSED.
DESCRIPTIVES VARIABLES=growth opmfaiwci tax weighted
/STATISTICS=MEAN STDDEV MIN MAX.

Descriptives
Notes
Output Created 03-OCT-2018
14:54:49
Comments
Input Data /Users/realizam.mame
/Documents/spss/shar
eholder value publicly
listed.sav
 Active Dataset DataSet2
Filter <none>
Weight <none>
Split File <none>
N of Rows in
Working Data 9
File
Missing Value Definition of User defined missing
Handling Missing values are treated as
missing.
Cases Used All non-missing data
are used.
Syntax DESCRIPTIVES
VARIABLES=growth
opmfaiwci tax
weighted
/STATISTICS=MEAN
STDDEV MIN MAX.
Resources Processor Time 00:00:00.00
Elapsed Time 00:00:00.00

Descriptive Statistics
Std.
N Minimum Maximum Mean Deviation
Growth 9 .11 .32 .1811 .07034
Opm 9 -.07 .19 .0341 .07431
Fai 9 .01 .62 .2227 .18867
Wci 9 .04 .40 .1391 .10388
Tax 9 .11 .31 .2322 .06399
Weighted 9 1.15 13.46 3.7363 3.72350
Valid N
9
(listwise)

CORRELATIONS
/VARIABLES=years employees assets sales finalshv
/PRINT=TWOTAIL NOSIG
/MISSING=PAIRWISE.

Correlations
Notes
Output Created 03-OCT-2018
15:04:31
Comments
Input Data /Users/realizam.mame
/Documents/spss/shar
eholder value publicly
listed.sav
Active Dataset DataSet2
Filter <none>
Weight <none>
Split File <none>
N of Rows in
Working Data 9
File
Missing Value Definition of User-defined missing
Handling Missing values are treated as
missing.
Cases Used Statistics for each pair
of variables are based
on all the cases with
valid data for that pair.
Syntax CORRELATIONS
/VARIABLES=years
employees assets
sales finalshv
/PRINT=TWOTAIL
NOSIG

/MISSING=PAIRWISE.
Resources Processor Time 00:00:00.01
Elapsed Time 00:00:00.00

Correlations
employee
years s assets sales finalshv
years Pearson
1 -.510 .710* .964** .550
Correlation
Sig. (2-tailed) .161 .032 .000 .125
N 9 9 9 9 9
employee Pearson
-.510 1 -.534 -.497 -.436
s Correlation
Sig. (2-tailed) .161 .138 .173 .241
N 9 9 9 9 9
assets Pearson
.710* -.534 1 .836** .163
Correlation
Sig. (2-tailed) .032 .138 .005 .675
N 9 9 9 9 9
sales Pearson
.964** -.497 .836** 1 .360
Correlation
Sig. (2-tailed) .000 .173 .005 .342
N 9 9 9 9 9
finalshv Pearson
.550 -.436 .163 .360 1
Correlation
Sig. (2-tailed) .125 .241 .675 .342
N 9 9 9 9 9
*. Correlation is significant at the 0.05 level (2-tailed).
**. Correlation is significant at the 0.01 level (2-tailed).

REGRESSION
/MISSING LISTWISE
/STATISTICS COEFF OUTS R ANOVA
/CRITERIA=PIN(.05) POUT(.10)
/NOORIGIN
/DEPENDENT finalshv
/METHOD=ENTER years employees assets sales.

Regression
Notes
Output Created 03-OCT-2018
15:05:47
Comments
Input Data /Users/realizam.mame
/Documents/spss/shar
eholder value publicly
listed.sav
Active Dataset DataSet2
Filter <none>
Weight <none>
Split File <none>
N of Rows in
Working Data 9
File
Missing Value Definition of User-defined missing
Handling Missing values are treated as
missing.
Cases Used Statistics are based on
cases with no missing
values for any variable
used.
Syntax REGRESSION
/MISSING LISTWISE
/STATISTICS
COEFF OUTS R
ANOVA
/CRITERIA=PIN(.05)
POUT(.10)
/NOORIGIN
/DEPENDENT
finalshv
/METHOD=ENTER
years employees
assets sales.
Resources Processor Time 00:00:00.01
Elapsed Time 00:00:00.00
Memory
4320 bytes
Required
Additional
Memory
0 bytes
Required for
Residual Plots

Variables Entered/Removeda
Variables Variables
Model Entered Removed Method
1 sales,
employees,
. Enter
assets,
yearsb
a. Dependent Variable: finalshv
b. All requested variables entered.

Model Summary
R AdjustedR Std. Error of
Model R Square Square the Estimate
1 1832387335
.906a .821 .642
77.62830
a. Predictors: (Constant), sales, employees, assets,
years

ANOVAa
 Sum of Mean
Model Squares df Square F Sig.
1 Regressio 6157842302 1539460575
n 9942960000 4 7485740000 4.585 .085b
0000.000 0000.000
Residual 1343057339 3357643348
3253219000 4 3133047000
0000.000 000.000
Total 7500899642
3196170000 8
0000.000
a. Dependent Variable: finalshv
b. Predictors: (Constant), sales, employees, assets, years

Coefficientsa
Standardize
Unstandardized d
Coefficients Coefficients
Model B Std. Error Beta t Sig.
1 (Constant) -
2896498964
6648071149 -2.295 .083
79.218
67.272
years 2234893376 6748014835
3.790 3.312 .030
7.069 .141
employee -
53597256.8
s 14548497.7 -.075 -.271 .799
72
02
assets 1.043 .825 .721 1.263 .275
sales -17.172 6.299 -3.932 -2.726 .053
a. Dependent Variable: finalshv

EXAMINE VARIABLES=VAR00003
/PLOT NONE
/STATISTICS DESCRIPTIVES
/CINTERVAL 95
/MISSING LISTWISE
/NOTOTAL.

Explore
Notes
Output Created 03-OCT-2018
15:08:54
Comments
Input Data /Users/realizam.mame
/Documents/spss/shar
eholder value publicly
listed.sav
Active Dataset DataSet2
Filter <none>
Weight <none>
Split File <none>
N of Rows in
Working Data 9
File
Missing Value Definition of User-defined missing
Handling Missing values for dependent
variables are treated
as missing.
Cases Used Statistics are based on
cases with no missing
values for any
dependent variable or
factor used.
Syntax EXAMINE
VARIABLES=VAR000
03
/PLOT NONE
/STATISTICS
DESCRIPTIVES
/CINTERVAL 95
/MISSING LISTWISE
/NOTOTAL.
Resources Processor Time 00:00:00.01
Elapsed Time 00:00:00.00

Case Processing Summary

Cases
Valid Missing Total
N Percent N Percent N Percent
VAR00003 9 100.0% 0 0.0% 9 100.0%

Descriptives
Statistic Std. Error
VAR00003 Mean .0000 .00000
95% Confidence Lower
.0000
Interval for Bound
Mean Upper
.0000
Bound
5% Trimmed Mean .0000
Median .0000
Variance .000
Std. Deviation .00000
Minimum .00
Maximum .00
Range .00
Interquartile Range .00
Skewness -2.365 .717
Kurtosis 6.286 1.400