变量

家族高管薪酬

高

低

MInv_C

0.031^***

(5.56)

0.059^***

(8.20)

Age

0.010

(1.38)

−0.019^**

(−2.27)

Size

−0.175^***

(−4.13)

−0.048

(−1.11)

Constant

5.115^***

(5.43)

2.777^***

(2.89)

Adjusted R²

0.062

0.075

F-Value

21.67

25.44

N

938

910