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Table 3 QAP analysis of industrial closeness and regional closeness of ties (2011)

From: “Status projection”—a study of the foundation of independent directors among China’s listed companies

Industrial closeness

Coefficient

p value

 Professional networks

−0.000

0.415

 Political networks

0.004

0.000***

Regional closeness

Coefficient

Significance

 Professional networks

0.026

0.000***

 Political networks

0.013

0.000***

  1. For all the QAP analyses below, firms that are both politically connected and professionally connected were dropped since the partial correlation is unidentifiable for these pairs
  2. ***0.1 % level