| (1) 董监高 | (2) 大股东 |
变量 | LNFEE | LNFEE |
STRADER2 | 0.746*** |
|
| (3.29) |
|
STRADER3 |
| 0.605*** |
|
| (3.20) |
Controls | Yes | Yes |
Constant | 5.662*** | 5.651*** |
| (76.02) | (75.93) |
Industry fixed effect | Yes | Yes |
Year fixed effect | Yes | Yes |
Observations | 18,535 | 18,535 |
R-squared | 0.657 | 0.657 |
r2_a | 0.656 | 0.656 |