|
| (1) | (2) | (3) |
| InInvia | InInvia | InInvia | |
| L.DT | 0.109*** | 0.170*** | 0.161*** |
| (4.6763) | (6.8491) | (6.7912) | |
| Size |
|
| 0.273*** |
|
|
| (7.3471) | |
| Lev |
|
| −0.062 |
|
|
| (−0.3447) | |
| Roa |
|
| 0.918** |
|
|
| (2.4912) | |
| Cashflow |
|
| 0.785** |
|
|
| (2.2535) | |
| Fixed |
|
| 0.139 |
|
|
| (0.5851) | |
| Balance |
|
| −0.062 |
|
|
| (−0.6033) | |
| _cons | 1.008*** | −0.998*** | −7.113*** |
| (22.5970) | (−8.4824) | (−8.9978) | |
| Year fe | No | Yes | Yes |
| Industry | No | Yes | Yes |
| N | 6272 | 6272 | 6272 |
| r2_a | 0.013 | 0.116 | 0.174 |