| Input | |||||
(1) DIF | (2) COV | (3) DEP | (4) DIG | (5) Fin | (6) Fin (mo) | |
DIF | 0.049*** |
|
|
|
| 0.049*** |
| (9.44) |
|
|
|
| (9.75) |
COV |
| 0.041*** |
|
|
|
|
|
| (10.44) |
|
|
|
|
DEP |
|
| 0.021*** |
|
|
|
|
|
| (5.04) |
|
|
|
DIG |
|
|
| 0.015** |
|
|
|
|
|
| (2.19) |
|
|
Fin |
|
|
|
| 2.821*** |
|
|
|
|
|
| (12.66) |
|
DIF*Fin |
|
|
|
|
| 0.009** |
|
|
|
|
|
| (2.05) |
owner | −0.030*** | −0.031*** | −0.027*** | −0.026*** | −0.025*** | −0.028*** |
| (−3.48) | (−3.65) | (−3.20) | (−3.07) | (−2.99) | (−3.37) |
separ | 0.031** | 0.038** | 0.022 | 0.023 | 0.028* | 0.036** |
| (2.05) | (2.50) | (1.41) | (1.47) | (1.88) | (2.43) |
bal | −0.292 | −0.267 | −0.304 | −0.329 | −0.369* | −0.365* |
| (−1.33) | (−1.22) | (−1.37) | (−1.48) | (−1.70) | (−1.72) |
interg | 0.393** | 0.370** | 0.496*** | 0.574*** | 0.568*** | 0.383** |
| (2.19) | (2.07) | (2.74) | (3.17) | (3.22) | (2.20) |
indep | 0.191 | 0.137 | 0.456** | 0.645*** | 0.637*** | 0.179 |
| (0.99) | (0.71) | (2.36) | (3.39) | (3.44) | (0.95) |
age | 1.112** | 1.131** | 1.061** | 1.053** | −0.123 | −0.077 |
| (2.43) | (2.48) | (2.29) | (2.27) | (−0.27) | (−0.17) |
size | −0.890*** | −0.898*** | −0.850*** | −0.814*** | −0.277** | −0.330** |
| (−6.57) | (−6.65) | (−6.21) | (−5.93) | (−1.98) | (−2.38) |
growth | −1.328*** | −1.374*** | −1.312*** | −1.342*** | −0.879*** | −0.871*** |
| (−5.32) | (−5.52) | (−5.19) | (−5.29) | (−3.52) | (−3.54) |
nps | 2.377*** | 2.432*** | 2.365*** | 2.458*** | −0.665 | −0.828 |
| (3.60) | (3.70) | (3.55) | (3.67) | (−0.95) | (−1.21) |
lev | −1.123*** | −1.099*** | −1.219*** | −1.289*** | −0.808*** | −0.663*** |
| (−6.02) | (−5.90) | (−6.47) | (−6.83) | (−4.31) | (−3.58) |