| (11) | (12) | (13) |
| roe | roe | RDPer |
RD | 0.00681*** |
|
|
| (3.495) |
|
|
MI | 0.0143*** | 0.0147*** |
|
| (3.610) | (3.565) |
|
Age | 0.00117 | 0.00130 | −0.0217 |
| (1.118) | (1.257) | (−0.325) |
Lev | −0.321*** | −0.313*** | −3.138* |
| (−3.692) | (−3.669) | (−1.914) |
cash | 0.271* | 0.289* | −12.81*** |
| (1.670) | (1.808) | (−3.091) |
size | 0.0265*** | 0.0255*** | −0.961*** |
| (3.497) | (3.532) | (−4.530) |
Pro |
| 0.0877*** | 4.886* |
|
| (3.740) | (1.751) |
_cons | −0.556*** | −0.536*** | 34.98*** |
| (−3.401) | (−3.462) | (6.901) |
N | 2287 | 2287 | 1324 |
adj.R-sq | 0.079 | 0.078 | 0.038 |
r2 | 0.0816 | 0.0802 | 0.0416 |
F | 15.53 | 18.86 | 13.81 |