|
| (1) | (2) |
|
| DIV | DIV |
| FF | 0.159*** | 0.120*** |
|
| (16.37) | (13.10) |
| FF*EPU |
| 0.132*** |
|
|
| (6.04) |
| EPU |
| 0.005 |
|
|
| (0.39) |
| Growth | −0.015*** | −0.015*** |
|
| (−3.11) | (−3.12) |
| ROA | 2.560*** | 2.547*** |
|
| (42.54) | (42.52) |
| TQ | −0.015*** | −0.015*** |
|
| (−7.85) | (−7.83) |
| SH | 0.001*** | 0.001*** |
|
| (7.76) | (7.57) |
| Size | 0.042*** | 0.043*** |
|
| (22.50) | (22.74) |
| _cons | −0.939*** | −0.945*** |
|
| (−21.24) | (−21.39) |
| N | 12842.000 | 12842.000 |
| r2 | 0.396 | 0.399 |
| r2_a | 0.394 | 0.398 |
| ind | Yes | Yes |
| year | Yes | Yes |