| 国企组 | 非国企组 | |
| absDA | absDA | |
Dig | −0.001* | −0.002*** | |
| (−2.106) | (−4.347) | |
Size | −0.002** | 0.004*** | |
| (−2.712) | (7.710) | |
ROA | −0.052* | 0.048** | |
| (−2.447) | (2.964) | |
ROE | −0.031*** | −0.138*** | |
| (−3.430) | (−16.529) | |
REC | 0.007 | 0.054*** | |
| (1.101) | (12.160) | |
BM | −0.002** | −0.009*** | |
| (−3.202) | (−12.292) | |
Big4 | −0.006** | −0.007** | |
| (−3.119) | (−3.108) | |
_cons | 0.096*** | −0.020 | |
| (7.452) | (−1.769) | |
N | 9200.000 | 17713.000 | |
r2 | 0.070 | 0.095 | |
ind | Yes | Yes | |
year | Yes | Yes |