VARIABLES

ROA1

ROA2

ROA3

Dt

−0.010***

−0.011**

(−3.60)

(−2.37)

EPU

−0.002***

−0.002***

(−3.43)

(−3.00)

interact

0.00037*

(0.31)

Lev

−0.080***

−0.084***

−0.086***

(−8.40)

(−8.27)

(−8.45)

Share

0.000***

0.000***

0.000***

(6.03)

(6.01)

(5.96)

Size

0.003***

0.004***

0.004***

(3.14)

(4.10)

(3.96)

Constant

−0.005

−0.037*

−0.022

(−0.25)

(−1.80)

(−1.11)

R-squared

0.181

0.185

0.198