|
| All the samples | Tra = 1 (Judicial transparency is good) | Tra = 0 (Judicial transparency is bad) | |||
|
| LIns | LIns | Model (1a) | Model (1b) | Model (1a) | Model (1b) |
|
| LIns | LIns | LIns | LIns | ||
| Liticount | 0.0959*** |
| 0.1129*** |
| −0.0002 |
|
|
| (4.07) |
| (4.35) |
| (−0.00) |
|
| Litiamount |
| 0.0436*** |
| 0.0766*** |
| −0.0154 |
|
|
| (3.26) |
| (4.66) |
| (−0.70) |
| _Cons | −3.6793** | −3.7234*** | −4.1521*** | −4.2725*** | −1.3618 | −1.3074 |
|
| (−7.37) | (−7.44) | (−7.45) | (−7.65) | (−1.14) | (−1.10) |
| Control Variable | Yes | Yes | Yes | Yes | Yes | Yes |
| Industry/Year | Yes | Yes | Yes | Yes | Yes | Yes |
| N | 10,736 | 10,736 | 8635 | 8635 | 2101 | 2101 |
| R-squared | 0.0526 | 0.052 | 0.065 | 0.065 | 0.073 | 0.073 |
| F-value | 17.99 | 17.80 | 18.1719 | 18.2631 | 5.4062 | 5.4236 |