|
| (1) | (2) | (3) | (4) |
| VARIABLES | ROE | ROE | ROE | ROE |
| Green*post | 0.1808* (1.7037) | 0.1449** (2.4735) | 0.1438** (2.4282) | 0.1369*** (2.6871) |
| EPS |
| 0.2392*** (6.5750) | 0.2426*** (5.4196) | 0.1839** (4.9759) |
| LEV |
| −0.2295** (−2.3211) | −0.2238** (−2.3747) | −0.1122 (−1.3907) |
| TAT |
| 0.0564 (1.1040) | 0.0451 (0.8417) | 0.0401 (0.5118) |
| BPS |
| 0.0023 (0.4687) | 0.0007 (0.1319) | −0.0151 (−1.5846) |
| Size |
| 0.0037* (1.9674) | 0.0039** (2.0178) | 0.0047 (1.4612) |
| CR |
|
| 0.0051 (0.2280) | 0.0236 (0.9774) |
| NPGR |
|
| −0.0014 (−0.2666) | −0.0005 (−0.1270) |
| IMBR |
|
| 0.0191 (1.3259) | 0.0451 (1.3421) |
| MBPM |
|
|
| 0.1974** (2.2087) |
| ITR |
|
|
| −0.0010 (−0.9267) |
| RTR |
|
|
| 0.0006 (1.0542) |
| Constant | 0.0713** (2.1123) | 0.0123 (0.2191) | 0.0095 (0.1669) | −0.0130 (−0.1448) |
| R-squared | 0.1251 | 0.6012 | 0.6026 | 0.7348 |
| Firm FE | Yes | Yes | Yes | Yes |
| Year FE | Yes | Yes | Yes | Yes |