|
| (1) | (2) |
|
| DIV | DIV |
| FF | 0.148*** | 0.159*** |
|
| (15.09) | (16.37) |
| Growth | −0.017*** | −0.015*** |
|
| (−3.30) | (−3.11) |
| ROA | 2.731*** | 2.560*** |
|
| (45.27) | (42.54) |
| TQ | −0.013*** | −0.015*** |
|
| (−7.79) | (−7.85) |
| SH | 0.001*** | 0.001*** |
|
| (4.44) | (7.76) |
| Size | 0.041*** | 0.042*** |
|
| (24.35) | (22.50) |
| _cons | −0.886*** | −0.939*** |
|
| (−23.14) | (−21.24) |
| N | 12842.000 | 12842.000 |
| r2 | 0.356 | 0.396 |
| r2_a | 0.355 | 0.394 |
| ind |
| Yes |
| year |
| Yes |