(1)

(2)

(3)

海外经历

金融背景

学术背景

VARIABLES

FIN1

FIN1

FIN1

EPU

0.004***

0.003***

0.004***

(0.000)

(0.000)

(0.000)

SEABACK

0.004

(0.006)

SEABACK*EPU

−0.003***

(0.001)

FINBACK

−0.011*

(0.006)

FINBACK*EPU

0.001

(0.001)

ISXSGG

0.011**

(0.004)

ISXSGG*EPU

−0.003***

控制变量

YES

YES

(0.001)

YES

Obs

99230

99230

99230

R-sq

0.116

0.115

0.116

Indus

YES

YES

YES