5.2. Logistic regression analysis
Table 5 presents the results of logistic regression analysis of model (1). Because CIOYR is a continuous measure of CIO, we examine the two variables separately. The models are highly
significant (p-values b.001) with good explanatory power (pseudo R2 =0.629 and 0.640). The results of Table 5 indicate that companies with the presence of CIO, or longer tenured CIOs, as