| Sample with cash dividends less than the sample mean | Sample with cash dividends greater than the sample mean | ||
(1) asset_turn | (2) occupy | (3) asset_turn | (4) occupy | |
fund | 0.001* | −0.006* | 0.002*** | −0.006*** |
| (0.000) | (0.003) | (0.001) | (0.002) |
control variables | Y | Y | Y | Y |
Observations | 7076 | 7076 | 3197 | 3197 |
R-squared | 0.167 | 0.022 | 0.249 | 0.014 |