|
| (1) | (2) |
|
| Inpat | Inpat1 |
| DD | −0.036** | −0.034** |
|
| (−2.17) | (−2.44) |
| Size | 0.463*** | 0.411*** |
|
| (17.90) | (17.22) |
| Age | 0.079*** | 0.054** |
|
| (2.74) | (2.10) |
| Lev | −0.220*** | −0.162** |
|
| (−2.58) | (−2.15) |
| ROE | 0.004 | 0.003 |
|
| (0.91) | (0.64) |
| Tan | 0.165 | 0.060 |
|
| (1.37) | (0.57) |
| Indep | −0.242 | −0.081 |
|
| (−1.19) | (−0.44) |
| _cons | −7.948*** | −7.525*** |
|
| (−13.63) | (−13.96) |
| N | 34090 | 34090 |
| R2 | 0.777 | 0.757 |
| Adj. R2 | 0.75 | 0.73 |