| 全样本 | 全样本 | 全样本 |
| CSR | CSR | CSR |
Female | 1.0585* |
| 1.1886* |
(1.74) |
| (1.95) | |
HHI |
| 7.9245*** | 7.9748*** |
| (9.05) | (9.10) | |
Female*HHI |
|
| 10.8732** |
|
| (2.05) | |
SIZE | 3.3604*** | 3.1847*** | 3.2106*** |
(32.70) | (30.71) | (30.83) | |
LEV | −19.9462*** | −19.6047*** | −19.5628*** |
(−31.70) | (−31.19) | (−31.11) | |
DD | −2.7304 | −3.5537* | −3.7740** |
(−1.50) | (−1.96) | (−2.08) | |
Q | 0.4871*** | 0.4826*** | 0.4751*** |
(5.01) | (4.99) | (4.91) | |
Senior | 1.9253*** | 2.0333*** | 2.0656*** |
(6.61) | (7.00) | (7.10) | |
cons | −52.4114*** | −49.6107*** | −50.3223*** |
(−21.39) | (−20.31) | (−20.47) | |
年份效应 行业效应 | 控制 控制 | 控制 控制 | 控制 控制 |
r2_a | 0.1705 | 0.1751 | 0.1755 |
N | 104.8540 | 108.2531 | 101.3204 |
F | 14,144 | 14,144 | 14,144 |