Outshare

−0.0000928

−0.000112

(−0.26)

(−0.31)

ROI

0.0191

0.0194

(0.63)

(0.63)

SA

0.00145

0.00141

(0.44)

(0.43)

Turnover

0.000744

0.000747

(1.82)

(1.83)

Capital

−0.0995^***

−0.0992^***

(−14.91)

(−14.95)

Sdret

1.113^***

1.116^***

(4.13)

(4.13)

Indd

0.00018

0.000178

(1.41)

(1.39)

Constant

0.0311^*

0.0309^*

(2.29)

(2.26)

Year & Industry

Yes

Yes

Cluster

Yes

Yes

adj. R-sq

0.119

0.119

N

20,093

20,072