| Variables | (1) | (2) | (3) | (4) | (5) |
| Loan Amount | Loan Amount | Loan Amount | Loan Amount | Loan Amount | |
| Power_Total_Assets | 197,427*** | 150,433** | 110,805** | 47,860*** | 43,106*** |
| (71,577) | (59,347) | (47,890) | (23,254) | (22,717) | |
| Size |
| −163,840*** | −132,869*** | −98,175*** | −90,751*** |
|
| (17,660) | (13,459) | (10,759) | (11,382) | |
| Leverage |
|
| 12,393*** | 8147*** | 8027*** |
|
|
| (2830) | (2148) | (2097) | |
| Market_Book (M/B) |
|
|
| 2924*** | 2819*** |
|
|
|
| (549.5) | (525.5) | |
| Sales_Growth (S/G) |
|
|
| −4.800 | 8.052 |
|
|
|
| (68.87) | (68.72) | |
| Tangibility |
|
|
|
| 3895 |
|
|
|
|
| (37,720) | |
| Profitability |
|
|
|
| 5063** |
|
|
|
|
| (2063) | |
| Long_Term_Debt_Ratio |
|
|
|
| −30,641 |
|
|
|
|
| (26,003) | |
| Constant | 164,534*** | 3.700e+06*** | 3.004e+06*** | 2.218e+06*** | 2.052e+06*** |
| (2457) | (380,284) | (289,704) | (234,586) | (250,650) | |
| Observations | 65,519 | 65,519 | 65,519 | 52,980 | 52,955 |
| R-squared | 0.004 | 0.064 | 0.083 | 0.125 | 0.127 |
| Number of code | 621 | 621 | 621 | 621 | 621 |