| PanelA:是否引入外资大股东 | PanelB:外资大股东持股比例 | ||
infinit | oversea | infinit | oversea | |
Foreign_if | 0.0144*** | 0.0211*** |
|
|
| (17.904) | (29.853) |
|
|
Foreign_rate |
|
| 0.0454*** | 0.1033*** |
|
|
| (10.518) | (17.801) |
_cons | 0.2686*** | −0.2401*** | 0.2686*** | −0.2419*** |
| (33.363) | (−35.143) | (33.329) | (−35.354) |
Control | Yes | Yes | Yes | Yes |
Year | Yes | Yes | Yes | Yes |
Idcode | Yes | Yes | Yes | Yes |
N | 314246 | 314246 | 314246 | 314246 |
Adj-R2 | 0.549 | 0.875 | 0.549 | 0.875 |