| (1) | (2) | (3) | (1) | (2) | (3) | (1) | (2) | (3) | (1) | (2) | (3) | (1) | (2) | (3) | (1) | (2) | (3) | |
| VARIABLES | shrhfd10 | shrhfd10 | shrhfd10 | shrhfd10 | shrhfd10 | shrhfd10 | shrhfdm | shrhfdm | shrhfdm | shrhfdm | shrhfdm | shrhfdm | vc | vc | vc | vc | vc | vc |
| gf | −0.0117** | 0.006 | −0.0120** | −0.0125* | −0.002 | −0.009 | −0.110*** | −0.105* | −0.018 | −0.138*** | −0.017 | −0.042 | −1.454*** | −3.592*** | −0.672 | −1.441*** | −3.172* | −0.622 |
| −0.006 | −0.015 | −0.006 | −0.007 | −0.020 | −0.007 | −0.027 | −0.055 | −0.033 | −0.032 | −0.074 | −0.038 | −0.450 | −1.392 | −0.506 | −0.531 | −1.876 | −0.583 | |
| gs | 0.001 | −0.017 | 0.008 | −0.001 | −0.134*** | 0.034 | 0.239 | 0.723 | −0.167 | |||||||||
| −0.006 | −0.013 | −0.007 | −0.030 | −0.050 | −0.038 | −0.496 | −1.238 | −0.586 | ||||||||||
| kf | 0.001 | −0.006 | 0.013 | −0.160*** | −0.297*** | −0.049 | −0.691 | 0.106 | −0.077 | |||||||||
| −0.011 | −0.022 | −0.011 | −0.053 | −0.104 | −0.062 | −0.843 | −2.145 | −0.932 | ||||||||||
| ks | 0.00996* | −0.005 | 0.0139** | −0.134*** | −0.104** | −0.017 | −1.274*** | −1.195 | −0.723 | |||||||||
| −0.006 | −0.013 | −0.007 | −0.028 | −0.051 | −0.035 | −0.478 | −1.246 | −0.558 | ||||||||||
| gfgs | 0.006 | −0.0314* | 0.009 | −0.040 | −0.058 | 0.000 | 0.401 | 3.251* | −0.717 | |||||||||
| −0.008 | −0.018 | −0.009 | −0.039 | −0.070 | −0.048 | −0.629 | −1.752 | −0.738 | ||||||||||
| gfkf | 0.003 | 0.010 | −0.001 | 0.032 | −0.305*** | 0.155** | −0.109 | 0.039 | −0.524 | |||||||||
| −0.012 | −0.028 | −0.013 | −0.059 | −0.103 | −0.074 | −0.948 | −2.558 | −1.116 | ||||||||||
| gfks | 0.015 | −0.005 | 0.008 | −0.059 | −0.161* | 0.024 | −0.750 | −1.196 | −1.085 | |||||||||
| −0.011 | −0.027 | −0.013 | −0.055 | −0.097 | −0.070 | −0.889 | −2.468 | −1.069 | ||||||||||
| gfgskf | 0.010 | −0.003 | 0.0137* | −0.163*** | −0.113* | −0.001 | −1.360** | 0.134 | −0.866 | |||||||||
| −0.008 | −0.017 | −0.008 | −0.036 | −0.065 | −0.044 | −0.602 | −1.559 | −0.669 | ||||||||||
| gfgsks | 0.004 | −0.018 | 0.0272* | −0.170*** | −0.228* | −0.019 | −1.394 | −5.276* | −0.126 | |||||||||
| −0.013 | −0.030 | −0.014 | −0.063 | −0.132 | −0.079 | −1.017 | −2.970 | −1.210 | ||||||||||
| gfkfks | 0.004 | −0.024 | 0.020 | −0.072 | −0.535*** | 0.007 | −0.400 | −1.935 | −0.450 | |||||||||
| −0.014 | −0.039 | −0.016 | −0.072 | −0.142 | −0.092 | −1.117 | −3.597 | −1.378 | ||||||||||
| gfgskfks | 0.027 | 0.000 | 0.028 | −0.305 | 0.000 | −0.083 | −8.302** | 0.000 | −0.862 | |||||||||
| −0.043 | 0.000 | −0.039 | −0.198 | 0.000 | −0.209 | −3.379 | 0.000 | −3.241 | ||||||||||
| provrevenue | 0.0461*** | 0.025 | 0.0440*** | 0.0457*** | 0.024 | 0.0436*** | −0.317*** | 0.060 | −0.0965* | −0.316*** | 0.058 | −0.0924* | 0.431 | 1.584 | 0.995 | 0.372 | 1.430 | 1.001 |
| −0.012 | −0.020 | −0.013 | −0.012 | −0.020 | −0.013 | −0.043 | −0.060 | −0.055 | −0.043 | −0.060 | −0.055 | −0.923 | −1.693 | −1.041 | −0.925 | −1.694 | −1.043 | |
| Constant | 0.0907*** | 0.157*** | 0.0525*** | 0.0905*** | 0.157*** | 0.0540*** | 0.746*** | 0.138* | 0.412*** | 0.745*** | 0.125* | 0.411*** | 7.419*** | 6.135*** | 3.056** | 7.421*** | 6.103*** | 3.141** |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | −2 | −1 | −1 | −2 | −1 | |
| Ob | 4600 | 1117 | 2138 | 4600 | 1117 | 2138 | 4575 | 1092 | 2138 | 4575 | 1092 | 2138 | 4465 | 1075 | 2082 | 4465 | 1075 | 2082 |
| N0. stkcd | 717 | 601 | 716 | 717 | 601 | 716 | 717 | 586 | 716 | 717 | 586 | 716 | 717 | 587 | 707 | 717 | 587 | 707 |