(1)

(2)

zscore

zscore

lnepu

−0.326***

−0.325***

(0.040)

(0.039)

lnta

−0.021

−0.021

(0.019)

(0.019)

nalr

−0.020**

−0.019**

(0.008)

(0.008)

str

0.023**

0.023**

(0.011)

(0.011)

qr

1.249***

1.257***

(0.099)

(0.097)

cr

0.184

0.182

(0.150)

(0.149)

roe

−0.023

0.066

(0.348)

(0.288)

opm

0.067

(0.140)

opgr

−0.000

(0.000)

_cons

2.890***

2.877***

(0.264)

(0.262)

N

770.000

770.000

r2

r2_a