ROA

(1)

(2)

(3)

SD

0.001

−0.001

SI

−0.0004***

0.000

SV

−0.001

−0.002

Size

0.011***

0.012***

0.011***

−0.001

−0.001

−0.001

Age

0.000

0.000

0.000

0.000

0.000

0.000

Owner

−0.007***

−0.007***

−0.007***

−0.001

−0.001

−0.001

Debt

−0.138***

−0.138***

−0.138***

−0.004

−0.004

−0.004

_cons

−0.149***

−0.154***

−0.151***

−0.015

−0.015

−0.015

Observations

9711

9711

9711

R-squared

0.267

0.268

0.267