|
| (1) | (2) |
| VARIABLES | GI_A | GI_D |
| Tone1 | 0.008*** | 0.499*** |
| (7.89) | (10.90) | |
| AnaAttention | 0.003*** | 0.152*** |
| (2.69) | (2.98) | |
| c.Tone1#c.AnaAttention | −0.006** | −0.328*** |
| (−2.42) | (−2.83) | |
| SIZE | 0.000 | 0.034*** |
| (1.12) | (11.18) | |
| LEV | −0.005*** | −0.097*** |
| (−9.98) | (−4.37) | |
| GROWTH | −0.000*** | −0.004** |
| (−5.79) | (−2.23) | |
| ROA | −0.034*** | −1.039*** |
| (−21.06) | (−14.44) | |
| IDR | 0.001 | −0.019 |
| (0.91) | (−0.46) | |
| DAceo | 0.001*** | 0.012* |
| (3.80) | (1.82) | |
| LOSS | 0.014*** | 0.153*** |
| (35.55) | (8.69) | |
| Constant | −0.004** | −0.907*** |
| (−2.26) | (−11.82) | |
| Observations | 13,296 | 13,296 |
| R-squared | 0.275 | 0.113 |
| ind FE | YES | YES |
| Year FE | YES | YES |