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The Journal of Chinese Sociology

Table 5 Regression analysis of the trust radius of enterprise N = 218

From: From individual social capital to collective social capital: empirical evidence from inter-firm financing trust network

Independent variable

Dependent variable: trust radius of focal firm

Model 7

Model 8

Model 9

Model 10

Model 11

Model 12

Model 13

Model 14

Social relation

− .143*** (.041)

− .222*** (.072)

.089 (.112)

.083 (.111)

− .131 (.128)

.106 (.233)

− .011 (.229)

.044 (.228)

Social prestige

.116*** (.024)

.215*** (.042)

.118* (.061)

.010 (.048)

− .038 (.078)

− .011 (.126)

− .071 (.125)

− .056 (.124)

Kinship proximity

− .073*** (.027)

− .045 (.058)

− .079*** (.027)

− .064** (.026)

− .068** (.027)

− .101* (.059)

− .093 (.057)

− .063 (.059)

Geographic proximity

.018 (.031)

.017 (.031)

.136* (.076)

.021 (.031)

.018 (.031)

.143* (.078)

.136* (.076)

.125 (.076)

The industrial proximity

.076*** (.028)

.064** (.028)

.075*** (.028)

.106 (.076)

.074*** (.028)

.009 (.084)

− .001 (.082)

.033 (.082)

Classification homogeneity

.041 (.054)

.020 (.054)

.045 (.053)

.021 (.053)

− .089 (.122)

− .116 (.131)

− .152 (.129)

− .161 (.129)

Social relation × kinship proximity

 

.130 (.126)

   

.169 (.139)

.195 (.135)

.171 (.135)

Social prestige × kinship proximity

 

− .188*** (.069)

   

− .155** (.073)

− .155** (.072)

− .154** (.071)

Social relation ×geographic proximity

  

− .350** (.156)

  

− .376** (.160)

− .318** (.157)

− .301* (.157)

Social prestige ×geographic proximity

  

.004 (.085)

  

− .049 (.087)

− .005 (.086)

− .000 (.085)

Social relation × industrial proximity

   

− .362** (.178)

 

− .229 (.195)

− .165 (.190)

− .236 (.190)

Social prestige × industrial proximity

   

.173** (.072)

 

.216*** (.079)

.227*** (.077)

.212*** (.077)

Social relation × classification

    

− .026 (.274)

.113 (.307)

.154 (.299)

.166 (.300)

Social prestige × classification

    

.351** (.168)

.298* (.180)

.318* (.178)

.296* (.177)

Constants

.187*** (.055)

.197*** (.056)

.107 (.074)

.176*** (.065)

.259*** (.077)

.184 (.112)

.202* (.109)

.243** (.111)

Grouping endogeneity

      

Controlled

 

Category endogeneity

Control

Control

Control

Control

Control

  

Control

Adjusted R2

.479

.497

.488

.504

.485

.503

.534

.531

F

17.644***

16.307***

15.747***

16.720***

15.613***

13.188***

10.956***

13.263***

  1. *p < 0.1; **p < 0.05; ***p < 0.01. Standard errors are in brackets. In model 7, model 8, model 9, model 10, model 11, and model 14, two dummy variables for controlling endogeneity are statistically significant. In model 13, four in seven group dummy variables have significant regression coefficients
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