(1)

(2)

变量

Rating

Rating

List

0.062

0.074

[0.844]

[1.004]

Post

0.349^***

0.167

[5.548]

[1.404]

gd

−0.242^***

−0.253^***

[−2.937]

[−3.059]

State

0.331^***

0.298^***

[7.961]

[6.302]

Size

0.259^***

0.270^***

[11.348]

[11.505]

Roe

0.691^**

0.863^**

[2.030]

[2.312]

Lev

−1.205^***

−0.992^***

[−6.939]

[−5.199]