|
| (1) | (2) |
| VARIABLES | ABSDA | ABSDA |
| MAIN | 0.003*** | 0.003*** |
| (3.046) | (2.857) | |
| lnTotalrev | −0.070** |
|
| (−2.516) |
| |
| MAIN_lnTotalrev | −0.008*** |
|
| (−2.807) |
| |
| lnCPAnum |
| −0.073** |
|
| (−2.254) | |
| MAIN_lnCPAnum |
| −0.008** |
|
| (−2.292) | |
| lnSIZE | 0.125*** | 0.117*** |
| (3.559) | (3.342) | |
| LY | −0.004 | −0.003 |
| (−0.230) | (−0.183) | |
| IR | −0.401*** | −0.402*** |
| (−7.141) | (−7.148) | |
| CR | −0.059*** | −0.059*** |
| (−8.907) | (−8.899) | |
| ROE | 0.851*** | 0.851*** |
| (10.798) | (10.774) | |
| AD | −0.575*** | −0.565*** |
| (−6.020) | (−5.909) | |
| UW | −0.044** | −0.045** |
| (−2.428) | (−2.517) | |
| Constant | −0.066 | −0.144 |
| (−0.191) | (−0.427) | |
| Observations | 649 | 649 |
| R-squared | 0.304 | 0.300 |