All the variables are in line with the apriori expectation except size of audit firm (SAF). From the result, we can
see that RLBT has a positive relationship with COMPS, PROFIT, AGE and a negative relationship with SAF in
the period under study.
Using the Co-efficient from the model presented above, it will be observed that autonomous Reliability
of financial Reporting (RLBT) is a negative 306449.4 when all other variables are held constant. Consequently, a
unit change in RLBT will lead to a positive increase in COMPS up to about 0.000619 units less the autonomous
component provided all other variables are held constant. Also, a unit change in RLBT will lead to a positive
increase in PROFIT of about 0.0433862 units less the autonomous component provided all other variables are
held constant. A unit change in RLBT will result into a positive change of about 4825.595 units in AGE less the
autonomous component provided all other variables are held constant. Furthermore, a unit change in RLBT will
result into a negative change of about 94747.13 units in SAF less the autonomous component provided all other
variables are held constant. Using the T- Ratio to test for their statistical significance, we find that only PROFIT
variable is statistically significant. This is due to the fact its observed T-value is p