| 变量名称 | (1) | (2) |
| Lnafee | Lnafee | |
| Plg | 0.021*** |
|
|
| (3.04) |
|
| PledgeA |
| 0.060*** |
|
|
| (5.80) |
| SIZE | 0.376*** | 0.376*** |
|
| (108.52) | (108.55) |
| ROA | −0.608*** | −0.580*** |
|
| (−10.68) | (−10.16) |
| GRO | 0.020*** | 0.019** |
|
| (2.62) | (2.48) |
| LEV | −0.025 | −0.027 |
|
| (−0.96) | (−1.03) |
| RRA | 0.159*** | 0.157*** |
|
| (4.25) | (4.20) |
| LIP | −0.013*** | −0.013*** |
|
| (−6.64) | (−6.55) |
| BIG | 0.572*** | 0.575*** |
|
| (38.79) | (39.06) |
| OPINION | −0.108*** | −0.100*** |
|
| (−5.41) | (−5.02) |
| Constant | 5.555*** | 5.549*** |
|
| (68.56) | (68.54) |
| YEAR | 控制 | 控制 |
| IND | 控制 | 控制 |
| R-squared | 0.665 | 0.666 |
| F test | 0 | 0 |
| r2_a | 0.663 | 0.664 |
| F | 348.8 | 349.6 |