variable | CRI < 20% | 20% ≤ CRI < 50% | 50% ≤ CRI ≤ 100% | |||
coefficient | t | coefficient | t | coefficient | t | |
MSR | −0.015 | (0.163) | 0.108*** | (3.491) | −0.043 | (0.730) |
S | −0.056 | (0.596) | 0.112*** | (3.444) | 0.165*** | (2.672) |
SIZE | −0.596*** | (6.313) | −0.541*** | (15.035) | −0.522*** | (6.237) |
LEV | 0.238** | (2.581) | −0.265*** | (7.770) | −0.412*** | (5.768) |
FCFF | −0.110 | (1.197) | 0.056* | (1.831) | 0.093 | (1.354) |
Adjusted R side | 0.302 | 0.491 | 0.590 | |||
F | 8.977 | 113.459 | 36.150 |