|
| 债务融资成本 | 股权融资成本 | ||||||
|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) |
|
| 非国有 | 非国有 | 国有 | 国有 | 非国有 | 非国有 | 国有 | 国有 |
| EP | −0.009*** | −0.020 | 0.006 | 0.321** | 0.029*** | 0.055*** | 0.017*** | 0.108*** |
|
| (−3.60) | (−0.48) | (0.87) | (2.34) | (10.25) | (3.61) | (4.68) | (4.97) |
| EPsq |
| 0.011 |
| −0.307** |
| −0.025* |
| −0.089*** |
|
|
| (0.27) |
| (−2.37) |
| (−1.76) |
| (−4.27) |
| N | 2411 | 2411 | 1219 | 1219 | 2411 | 2411 | 1219 | 1219 |
| r2 | 0.020 | 0.021 | 0.119 | 0.129 | 0.105 | 0.106 | 0.047 | 0.064 |
| F | 5.695 | 7.607 | 1.819 | 2.667 | 18.981 | 16.983 | 5.311 | 7.189 |