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Goal Consensus, Subordinates’ Prior Performances, and Supervisors’ Resource Allocation Preferences

Appendix C. Regression Results for Equations (1) and (2)
Dependent variable SENIOR i,t ADV i,t
(t-statistic) (t-statistic)
(1) (2)
0.07** 0.02
OFFICE_SIZE i,t
(2.49) (0.48)
0.01 0.01
OFFICE_AGE i,t
(1.35) (0.73)
0.01** 0.01
MGT_TENURE i,t
(2.30) (0.18)
2.20*** 0.47**
TARGET i,t
(15.80) (2.25)
0.01 0.49***
PRICE i,t
(0.01) (3.52)
0.02* 0.02
NUM_ENTRUST i,t
(1.89) (1.07)
0.01** 0.03***
NUM_BRANCH i,t
(2.02) (3.46)
MONTH Include Include
REGION Include Include
Model OLS OLS
Adjusted R-squared 0.29 0.21
F-Value 41.86*** 28.08***
Observations 1,637 1,637
Note: *** p < 0.01, ** p < 0.05, and * p < 0.10 (two-tailed test)
See Table 2 for variable definitions.

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