|
| (1) |
| VARIABLES | GI |
| Index | 0.252* |
|
| (1.73) |
| age | 0.113*** |
|
| (3.01) |
| lev | 0.911*** |
|
| (2.76) |
| seperation | 0.020*** |
|
| (3.66) |
| ROA | 0.874 |
|
| (1.06) |
| board | −0.182 |
|
| (−0.87) |
| Largest holder | −0.007** |
|
| (−2.47) |
| fin | −3.230*** |
|
| (−3.02) |
| TobinQ | 0.023 |
|
| (1.05) |
| year | −0.203** |
|
| (−2.51) |
| Constant | 408.439** |
|
| (2.51) |
| Observations | 946 |
| R-squared | 0.038 |