(1)

(2)

(3)

(4)

CASH

CSR

ABDA

CSR

SD

0.020***

−1.478**

0.016***

−1.360**

(3.853)

(−2.529)

(4.496)

(−2.335)

CASH

−1.646

(−1.076)

ABDA

−2.786

(−1.441)

EU

(0.406)

(11.023)

(1.849)

(11.096)

ROA

0.152***

88.275***

−0.023

87.739***

(5.187)

(24.968)

(−0.925)

(24.811)

LEV

−0.228***

−7.663***

0.040***

−7.242***

(−16.687)

(−5.351)

(5.063)

(−5.193)