(1) 国有企业 |
(2) 非国有企业 |
|
变量名 |
EnI |
EnI |
MTF1 |
0.007 |
0.031*** |
(0.55) |
(2.75) |
|
MTF2 |
0.002 |
0.025** |
(0.23) |
(2.47) |
|
SIZE |
0.813*** |
0.921*** |
(7.89) |
(7.29) |
|
ROA |
−0.043 |
0.359 |
(−0.02) |
(1.20) |
|
Tbq |
−0.131 |
0.049 |
(−1.20) |
(0.40) |
|
Bod |
−0.186*** |
0.062 |
(−4.02) |
(1.21) |
|
TopTenHDR |
−0.002 |
−0.004 |
(−0.28) |
(−0.53) |
|
Sep |
−0.010 |
−0.015 |
(−0.92) |
(−1.18) |
|
Cur_rit |
−0.221* |
−0.004 |
(−1.94) |
(−0.06) |
|
Lev |
−0.056 |
1.348 |
(−0.08) |
(1.57) |
|
Growth |
−0.308 |
−0.091 |
(−1.09) |
(−0.29) |
|
行业效应 |
Yes |
Yes |
时间效应 |
Yes |
Yes |
常数项 |
−0.660 |
−6.322** |
(−0.49) |
(−6.18) |
|
观测值 |
1596 |
1548 |
R-squared |
0.252 |
0.208 |