|
| (1) | (2) |
| Perform | Perform | |
| debt | −1.270*** | −1.750*** |
|
| (0.169) | (0.206) |
| soe | −0.938*** | −0.879*** |
|
| (0.238) | (0.211) |
| debt_soe | 1.288*** | 0.998*** |
|
| (0.404) | (0.321) |
| scale |
| 0.038 |
|
|
| (0.054) |
| age |
| 0.133 |
|
|
| (0.475) |
| board |
| 0.013 |
|
|
| (0.015) |
| Msr |
| 0.003 |
|
|
| (0.003) |
| Ogr |
| 0.392*** |
|
|
| (0.077) |
| _cons | 0.774*** | −0.414 |
|
| (0.097) | (1.822) |
| N | 662.000 | 662.000 |
| r2 | 0.268 | 0.478 |
| r2_a | 0.257 | 0.465 |
| F | . | 14.108 |
| year | Yes | Yes |
| firm | Yes | Yes |