The impact of selected business ethics attributes on the perception of the main ESG objective in the Czech Republic and Slovakia: Research in the small and medium-sized enterprises segment

Correlation	X1	X2	X3	X4	Y
X1	1
X2	0.450565	1
X3	0.37036	0.767995	1
X4	0.547611	0.617889	0.562347	1
Y	0.400069	0.416438	0.330893	0.435553	1
Regression Statistics
Multiple R	0.501877
R Square	0.251881
Adjusted R Square	0.244088
Standard Error	0.833126
Observations	389
ANOVA
	df	SS	MS	F	Significance F
Regression	4	89.73826	22.43457	32.32183	3.13E-23
Residual	384	266.5342	0.6941
Total	388	356.2725
Regression	Coefficients	Standard Error	t Stat	P-value
Intercept	1.104162	0.142097	7.770491	7.22E-14
X1	0.247028	0.066903	3.692315	0.000254
X2	0.2024	0.067834	2.983769	0.003029
X3	−0.02588	0.062687	−0.41284	0.679957
X4	0.219828	0.065739	3.343929	0.000907

Correlation	X1	X2	X3	X4	Y
X1	1
X2	0.445583	1
X3	0.364375	0.744378	1
X4	0.602316	0.471519	0.51345	1
Y	0.373569	0.357005	0.329101	0.370492	1
Regression Statistics
Multiple R	0.450816
R Square	0.203235
Adjusted R Square	0.194826
Standard Error	0.865058
Observations	384
ANOVA
	df	SS	MS	F	Significance F
Regression	4	72.34306	18.08577	24.16832	7.92E-18
Residual	379	283.6153	0.748325
Total	383	355.9583
Regression	Coefficients	Standard Error	t Stat	P-value
Intercept	1.157327	0.144889	7.98771	1.67E-14
X1	0.241662	0.074454	3.245786	0.001275
X2	0.137655	0.067237	2.047315	0.041316
X3	0.065299	0.063106	1.034749	0.301446
X4	0.161201	0.068418	2.356123	0.018975

DOI: https://doi.org/10.2478/ebce-2026-0001 | Journal eISSN: 2453-7829 | Journal ISSN: 1338-5615

Language: English

Page range: 3 - 14

Published on: Jun 10, 2026

In partnership with: Paradigm Publishing Services

Keywords:

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© 2026 Alexandra Dorusincova, Jaroslav Belas, Martina Jakubcinova, Khurram Ajaz Khan, published by University of Prešov
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.