(1)

(2)

(3)

(4)

(5)

(6)

Gender

Gender = 1

Gender = 0

Age

Age > 30

Age

常数项

−0.039

−0.268

1.02

−0.016

−0.425

−0.242

(−0.084)

(−0.463)

−1.075

(−0.032)

(−0.727)

(−0.394)

Succession

0.616***

0.744***

0.252

0.615***

0.834***

0.2

−7.054

−6.826

−1.541

−7.07

−6.988

−1.598

Succession * Gender

0.533***

−2.799

Gender

0.077

−0.876

Succession * Age

0.490***

−2.838

Age

0.13

−1.18

Size

−0.055

−0.037

−0.152

−0.042

−0.055

−0.018

(−1.365)

(−0.757)

(−1.596)

(−1.038)

(−0.948)

(−0.344)

Eage

−0.002

−0.001

−0.006

0

0.007

−0.002

(−0.299)

(−0.075)

(−0.275)

−0.055

−0.649

(−0.188)

Shares

0.011

0.019

0.558

0.016

0.175

−0.199

−0.042

−0.059

−0.826

−0.061

−0.497

(−0.502)

Roa

−0.379

−0.225

−2.294

−0.577

−1.221

−0.229

(−0.444)

(−0.216)

(−1.201)

(−0.676)

(−1.088)

(−0.179)

Bs

0.072**

0.063*

0.098*

0.072**

0.119***

0.065*

−2.521

−1.676

−1.994

−2.539

−2.671

(−0.179)

Age

0.005

0.008

−0.004

0.094

0.177

−0.053

−0.822

−1.188

(−0.276)

−1.069

−1.463

(−0.384)

Degree

−0.085*

−0.066

−0.132

−0.100**

−0.118*

0.006

(−1.775)

(−1.160)

(−1.099)

(−2.104)

(−1.968)

−0.085

Year/Ind

控制

控制

控制

控制

控制

控制

Adj-R2

0.257

0.259

0.16

0.263

0.401

0.078

F

4.194

3.737

1.482

4.139

5.091

1.347

N

186

142

44

186

111

75

Succession系数差异

0.492***

0.634***

X2

8.03

12.14

p

0.005

0