模型3

系数

标准差

t值

p值

常数项

−150.1229

89.49910

−1.677367

0.0935

Ln(NIt-1)

0.102317***

0.006543

15.63752

0.0000

State-Owned*Ln(NIt-1)

−0.015952*

0.010157

−1.570520

0.0163

LnSize

0.057492***

0.011870

4.843494

0.0000

Lev

−0.006863

0.008149

−0.842200

0.3997

Board

25.13633

15.27775

1.645290

0.1000

Indd

8.020128

15.34084

0.522796

0.6011

Lsh

−150.1229

89.49910

−1.677367

0.0935

Dual

2.481490

2.687484

0.923350

0.3559