男

女

C-SCORE

C-SCORE

CFOTEN

0.0127^***

0.0058

(2.9046)

(0.8347)

CFOTEN_2

−0.0060^***

−0.0028

(−3.3636)

(−0.9551)

LEV

0.2453^***

0.2629^***

(21.9893)

(17.6815)

CENT

0.0135

0.0754^***

(0.7947)

(2.7389)

CASH

−0.0202^**

−0.0151

(−2.1783)

(−1.3074)

BSIZE

−0.0043^***

−0.0044^**

(−4.1682)

(−2.4647)

OUTR

−0.0414^*

−0.0480

(−1.6908)

(−1.1193)

_cons

−0.0368^**

−0.0422

(−2.0137)

(−1.3842)

N

15,283

7567

r2_a

0.9727

0.9739