|
| (1) | (2) |
|
| Ferror | Ferror |
| TopHold | −1.951*** | −0.810** |
|
| (−7.588) | (−2.451) |
| Q |
| −0.375*** |
|
|
| (−10.339) |
| Age |
| −0.025*** |
|
|
| (−3.284) |
| ylbdx |
| 0.128*** |
|
|
| (8.551) |
| Ldbl |
| 0.125*** |
|
|
| (3.028) |
| Size |
| −0.543*** |
|
|
| (−11.611) |
| Lev |
| 3.008*** |
|
|
| (8.027) |
| Growth |
| −1.676*** |
|
|
| (−14.498) |
| Soe |
| −0.002 |
|
|
| (−0.016) |
| _cons | 3.006*** | 15.455*** |
|
| (31.439) | (14.361) |
| Ind | No | Yes |
| Year | No | Yes |
| N | 16911 | 16911 |
| R2 | 0.003 | 0.067 |