高管有公职经历企业

高管无公职经历企业

变量

(1)

(2)

(3)

(4)

(5)

(6)

Grenov₁

Grenov₂

Grenov₃

Grenov₁

Grenov₂

Grenov₃

CEPI

0.273^***

(6.972)

0.224^**

(2.804)

0.259^***

(5.234)

0.178^**

(2.615)

0.124

(0.331)

0.109^*

(1.864)

Constant

3.435^***

(2.750)

4.656^***

(5.134)

2.081^***

(6.447)

1.603^***

(4.559)

1.738^*

(1.527)

0.987^**

(0.658)

X_it

Yes

Yes

Yes

Yes

Yes

Yes

Company

Yes

Yes

Yes

Yes

Yes

Yes

Year

Yes

Yes

Yes

Yes

Yes

Yes

N

2138

9396

2138

9396

2138

9396

R²

0.501

0.622

0.574

0.637

0.484

0.511