变量

(1)

(2)

(3)

ROA

FC

ROA

CSR

0.000^***

−0.002^***

0.000^***

(0.000)

(0.000)

(0.000)

FC

−0.029^***

(0.008)

SIZE

0.010^***

0.167^***

0.014^***

(0.002)

(0.007)

(0.002)

LEV

−0.058^***

−0.000

−0.058^***

(0.007)

(0.030)

(0.007)

GROWTH

0.015^***

−0.025^**

0.014^***

(0.003)

(0.012)

(0.003)

ROE

0.428^***

0.024

0.428^***

(0.007)

(0.027)

(0.007)

TOP1

0.001^***

−0.003^***

0.001^***

(0.000)

(0.001)

(0.000)

IND

−0.021

0.321^***

−0.012

(0.018)

(0.076)

(0.018)

TobinQ

0.000

0.006^***

0.001

(0.000)

(0.002)

(0.000)

r2

0.868

0.522

0.870

r2_a

0.852

0.463

0.854