| (1) | (2) |
Debt | Maturity | |
Dsoe | 0.005* | 0.056** |
(2.22) | (2.98) | |
Soeshare | 0.129 | 0.002 |
(1.45) | (0.12) | |
Size | 0.009*** | 0.051*** |
(22.53) | (31.95) | |
Lev | 0.141*** | 0.005 |
(53.10) | (0.42) | |
ROA | −0.020** | 0.185*** |
(−2.62) | (6.01) | |
Growth | 0.005*** | 0.011** |
(5.47) | (2.91) | |
FirmAge | −0.003* | 0.003 |
(−2.06) | (0.48) | |
_cons | −0.196*** | −0.836*** |
(−22.57) | (−23.71) | |
Year FE | Yes | Yes |
Industry FE | Yes | Yes |
N | 29,809 | 29,809 |
R2 | 0.359 | 0.257 |