Variables

ROA(1)

ROA(2)

OR

0.0155

(0.0103)

RA^2

−0.0015

(0.0009)

RA

0.0107

(0.0063)

SI

0.0202

(0.0042)

0.0200

(0.0042)

DE

−0.2408

(0.0244)

−0.2405

(0.0244)

ZZ

0.0294

(0.0079)

0.0303

(0.0079)

IN

−0.2487

(0.1304)

−0.2488

(0.1298)

OM

0.1056

(0.0229)

0.1050

(0.0228)

Constant

−0.40382

(0.0929)

−0.3983

(0.0918)

R-squared

0.159

0.161