|
| 全国样本 | |||
| (1) | (2) | (3) | ||
| Ln_donate | SF_donate | ST_donate | ||
| HSR | −0.341** (0.144) | −0.405** (0.135) | 0.059 (0.046) | |
| Dual | 0.021 (0.129) | −0.086 (0.122) | 0.073* (0.041) | |
| Cash | −2.760*** (0.485) | −0.824* (0.462) | −1.776*** (0.157) | |
| Shrcr1 | 0.011** (0.004) | −0.009** (0.004) | 0.019*** (0.001) | |
| Shrz | −0.012*** (0.002) | −0.006** (0.002) | −0.006*** (0.001) | |
| Lev | −0.285*** (0.065) | −0.105 (0.071) | −0.090*** (0.024) | |
| ROA | −0.002 (0.051) | 0.020* (0.048) | −0.019 (0.016) | |
| Growth | −0.000 (0.000) | −0.000 (0.000) | 0.000 (0.000) | |
| _cons | 9.194*** (0.293) | 0.669*** (0.277) | 8.597*** (0.094) | |
| 固定效应 | 已控制 | 已控制 | 已控制 | |
| 观测值 | 13,044 | 12,940 | 12,940 | |
| Adjusted_R2 | 0.1275 | 0.0510 | 0.4408 | |