VARIABLES

(1)

ROA

CSR

0.003*** (5.64)

LEV

−0.294*** (−3.32)

GROWTH

0.000 (0.17)

SIZE

0.007 (0.45)

STAKE

−0.000 (−0.03)

Cons

−0.012 (−0.03)

Year FE

YES

Company FE

YES

N

819

F

4.924

R²

0.188

$R_a^2$

0.180