|
| (1) | (2) |
| Sub | Sub | |
| Dsoe | 0.322*** |
|
| (3.50) |
| |
| Soeshare |
| 0.001** |
|
| (0.03) | |
| Size | 0.743*** | 0.736*** |
| (67.38) | (63.82) | |
| Lev | 0.173* | 0.185** |
| (2.41) | (2.49) | |
| ROA | 2.248*** | 2.244*** |
| (11.09) | (9.99) | |
| Growth | −0.100*** | −0.100*** |
| (−3.97) | (−3.97) | |
| FirmAge | −0.250*** | −0.250*** |
| (−7.05) | (−7.05) | |
| _cons | −0.460 | −0.460 |
| (−1.86) | (−1.86) | |
| Year FE | Yes | Yes |
| Industry FE | Yes | Yes |
| N | 23,539 | 23,539 |
| R2 | 0.376 | 0.375 |