Variable	Matched	Treated	Control	%bias	\|bias\|	t	p > \|t\|	V(C)
Size	U	22.12	22.28	−12.50		−7.670	0	0.81^*
Size	M	22.12	22.10	1.600	87.10	1	0.315	0.95^*
Lev	U	0.401	0.401	0		0.0300	0.979	0.92^*
Lev	M	0.401	0.397	2	−4549	1.190	0.235	0.92^*
Cashflow	U	0.0542	0.0473	10.30		6.380	0	1.10^*
Cashflow	M	0.0542	0.0549	−1	90.40	−0.590	0.554	1.09^*
Growth	U	0.190	0.175	3.700		2.280	0.0230	1.010
Growth	M	0.190	0.191	−0.400	88.20	−0.250	0.799	0.90^*
Top1	U	0.333	0.341	−5.200		−3.190	0.00100	0.90^*
Top1	M	0.333	0.330	2.100	58.70	1.290	0.195	0.93^*
SOE	U	0.190	0.311	−28.20		−17.31	0
SOE	M	0.190	0.190	0.100	99.70	0.0600	0.949