| 变量 | 不良贷款比率(NPL) | 存贷款比率(LD) | ||
| ① | ② | ③ | ④ | |
| lev | 0.0034*** | −0.193** | 0.037*** | −0.146** |
| NPL |
| 24.73*** |
|
|
| LD |
|
|
| 0.99*** |
| CAR | 0.082*** | 40.17*** | 1.59*** | 40.63*** |
| ROE | −0.037*** | −5.45*** | −0.643*** | −5.71*** |
| c | 0.58*** | −366.97*** | 64.46*** | −416.69*** |
| Sobel检验 | P = 1.296e−12 | P = 1.75e−11 | ||
| 中介效应 | −0.763 | −0.335 | ||