| ROE | TobinQ | ||||
| 回归系数 | T | 显著性 | 回归系数 | T | 显著性 |
常数 | −15.17 | −0.504 | 0.617 | 33.465*** | 3.612 | 0.001 |
企业规模 | 0.331* | 1.789 | 0.083 | −0.373** | −2.073 | 0.046 |
高管团队规模 | 0.021 | 0.092 | 0.927 | 0.395* | 1.798 | 0.081 |
年龄均值 | 0.162 | 0.466 | 0.644 | −0.577* | −1.708 | 0.097 |
教育水平均值 | −0.229 | −0.961 | 0.343 | −0.285 | −1.233 | 0.226 |
任期均值 | −0.482* | −1.772 | 0.085 | 0.515* | 1.947 | 0.06 |
性别背景 | −0.034 | −0.18 | 0.859 | −0.284 | −1.565 | 0.127 |
年龄异质性 | −0.495*** | −2.847 | 0.007 | 0.015 | 0.09 | 0.929 |
教育程度异质性 | 0.441* | 1.795 | 0.082 | −0.492** | −2.058 | 0.047 |
任期异质性 | −0.153 | −0.888 | 0.381 | 0.354** | 2.114 | 0.042 |
专业背景异质性 | 0.007 | 0.026 | 0.980 | −0.545* | −2.026 | 0.051 |
薪酬均值 | 0.062 | 0.269 | 0.789 | −0.051 | −0.227 | 0.822 |
R2 = 0.504调整后的R2 = 0.344F = 3.144*** R2 = 0.531调整后的R2 = 0.380F = 3.504*** |