变量

Cash-GrowthT

Cash-GrowthS

Cash-GrowthQ

常量

−0.174^***

(0.037)

−0.165^***

(0.037)

−0.144^***

(0.042)

CF

0.329^***

(0.026)

0.329^***

(0.026)

0.328^***

(0.026)

Growth-T

0.002^**

(0.001)

Growth-S

0.001

(0.001)

Growth-Q

−0.249

(0.278)

SIZE

0.004^***

(0.001)

0.004^***

(0.001)

0.003^**

(0.001)

ΔSTD

0.369^***

(0.059)

0.369^***

(0.059)

0.370^***

(0.059)

ΔSD

−0.003

(0.007)

−0.002

(0.007)

−0.002

(0.007)

ΔNWC

0.126^***

(0.012)

0.126^***

(0.012)

0.126^***

(0.012)