| Variable nature | Variable name | Variable description |
| Dependent variable (Accounting) | ROA | Return on Assets |
| Std_ROA | The standard deviation of performance during a company’s research period | |
| u_R | The extent to which actual performance deviates from normal performance | |
| Independent variable (Market) | TobinQ | Corporate Market Value/Asset Replacement Cost |
| Std_TobinQ | the standard deviation of performance during a company’s research period | |
| u_Q | The extent to which actual performance deviates from normal performance | |
| Independent variable | rel100/rel200/rel300 | Number of key temples within 100/200/300 km of the registered company of the listed company |
| Dum (rel200) | When rel200 is greater than its mean value, it takes a value of 1, otherwise it is 0 | |
| Control variable | lev | Liabilities/Assets |
| lnboard | The variable takes the logarithm of the board size | |
| C_size | The variable takes the logarithm of the total assets | |
| growth | Operating income growth rate | |
| seperation | The degree of separation of powers | |
| H10 | Equity concentration, which is the sum of the squares of the shareholding ratio of the top 10 shareholders | |
| SOE | Take 1 for the state-owned sample, otherwise take 0 | |
| IND | Industry | |
| age | Company establishment time |