|
| (1) |
| VARIABLES | RD |
| Risk | 0.143** |
|
| (2.516) |
| Size | −0.078** |
|
| (−2.070) |
| Lev | 0.306 |
|
| (1.476) |
| Roa | 4.922*** |
|
| (7.161) |
| Growth | 0.083 |
|
| (0.874) |
| TobinQ | 0.226*** |
|
| (9.046) |
| Top1 | −0.005** |
|
| (−2.238) |
| Dual | 0.289*** |
|
| (4.599) |
| Inde | 0.015*** |
|
| (2.724) |
| Constant | 2.067** |
|
| (2.489) |
| Year & Inds | 控制 |
| N | 3190 |
| R-squared | 0.261 |
| r2_a | 0.254 |