|
| (1) 国有企业 | (2) 非国有企业 |
| 变量名 | EnI | EnI |
| MTF1 | 0.007 | 0.031*** |
|
| (0.55) | (2.75) |
| MTF2 | 0.002 | 0.025** |
|
| (0.23) | (2.47) |
| SIZE | 0.813*** | 0.921*** |
|
| (7.89) | (7.29) |
| ROA | −0.043 | 0.359 |
|
| (−0.02) | (1.20) |
| Tbq | −0.131 | 0.049 |
|
| (−1.20) | (0.40) |
| Bod | −0.186*** | 0.062 |
|
| (−4.02) | (1.21) |
| TopTenHDR | −0.002 | −0.004 |
|
| (−0.28) | (−0.53) |
| Sep | −0.010 | −0.015 |
|
| (−0.92) | (−1.18) |
| Cur_rit | −0.221* | −0.004 |
|
| (−1.94) | (−0.06) |
| Lev | −0.056 | 1.348 |
|
| (−0.08) | (1.57) |
| Growth | −0.308 | −0.091 |
|
| (−1.09) | (−0.29) |
| 行业效应 | Yes | Yes |
| 时间效应 | Yes | Yes |
| 常数项 | −0.660 | −6.322** |
|
| (−0.49) | (−6.18) |
| 观测值 | 1596 | 1548 |
| R-squared | 0.252 | 0.208 |