(1)

(2)

变量

Comp4

Comp10

Bond

−0.000

−0.001

(−1.26)

(−1.63)

Post

−0.000

−0.000

(−1.01)

(−0.99)

BondPost

0.001**

0.001***

(2.32)

(2.65)

Roa

0.033***

0.038***

(9.86)

(9.84)

Eps

−0.001***

−0.001***

(−4.45)

(−5.36)

Lev

−0.004***

−0.005***

(−6.01)

(−5.68)

Size

−0.001***

−0.001***

(−7.58)

(−9.22)

Ggstock

0.002*

0.003**

(1.93)

(2.19)

Constant

0.012***

0.011**

(2.89)

(2.26)

Ind

控制

控制

Year

控制

控制

N

3580

3580

Adj R-squared

0.183

0.195