Alternative enforcement and institutional measures Sample Clauses

Alternative enforcement and institutional measures. To address possible concerns regarding the validity of my institutional proxy (Origin), I rerun regression (2) using a number of different measures that prior literature has used as a proxy of institutional environment and enforcement at the country level. The interaction between enforcement (institutions) and the IFRS adoption dummy remains significant and positive for all measures but JREnf2 and Rule-of-law (Kauf). For these measures, the interaction has the expected positive sign but lacks statistical significance. Depending on the measure used, the marginal effect of this interaction with all other variables at mean is between 0.2% and 6%. The incentives variable remains negative but lacks statistical significance for all measures, but JREnf2. For JREnf2 it is negative and significant at the 0.1 level. The results of this analysis increase my confidence in the validity of my findings.
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Related to Alternative enforcement and institutional measures

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