|
| (1) | (2) | (3) | (4) |
|
| zscore | zscore | zscore | zscore |
| lnepu | −0.205*** |
| −0.326*** |
|
|
| (0.049) |
| (0.040) |
|
| L.lnepu |
| −0.316*** |
| −0.414*** |
|
|
| (0.050) |
| (0.041) |
| lnta |
|
| −0.021 | −0.027 |
|
|
|
| (0.019) | (0.020) |
| nalr |
|
| −0.020** | −0.018** |
|
|
|
| (0.008) | (0.008) |
| str |
|
| 0.023** | 0.025* |
|
|
|
| (0.011) | (0.013) |
| qr |
|
| 1.249*** | 1.288*** |
|
|
|
| (0.099) | (0.105) |
| cr |
|
| 0.184 | 0.061 |
|
|
|
| (0.150) | (0.160) |
| roe |
|
| −0.023 | −0.070 |
|
|
|
| (0.348) | (0.359) |
| opm |
|
| 0.067 | 0.072 |
|
|
|
| (0.140) | (0.141) |
| opgr |
|
| −0.000 | −0.000 |
|
|
|
| (0.000) | (0.000) |
| _cons | 2.965*** | 3.601*** | 2.890*** | 3.412*** |
|
| (0.319) | (0.327) | (0.264) | (0.275) |
| N | 770.000 | 693.000 | 770.000 | 693.000 |
| r2 |
|
|
|
|
| r2_a |
|
|
|
|