| OLS-1 | OLS-2 | FE-1 | FE-2 | FE-3 | FE-4 | FE-5 | FE-6 |
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
Schooling |
| −0.024 (0.006)*** |
| −0.082 (0.014)*** |
| −0.081 (0.014)*** |
| 0.067 (0.150) |
Experience (years) |
| 0.012 (0.009) |
| −0.032 (0.024) |
| −0.031 (0.024) |
| −0.051 (0.265) |
Tenure (months) |
| 0.00002 (0.0008) |
| −0.006 (0.002)*** |
| −0.006 (0.002)*** |
| 0.015 (0.024) |
Female (%) |
| −0.140 (0.054)*** |
| −0.108 (0.094) |
| −0.107 (0.094) |
| 2.649 (1.538)* |
Foreigners (%) |
| −1.168 (0.235)*** |
| −0.483 (0.437) |
| −0.469 (0.433) |
| −2.340 (3.767) |
Foreign firm | 0.053 (0.011)*** | 0.059 (0.012)*** | 0.146 (0.070)** | 0.104 (0.075) |
|
|
|
|
D-to-F switch (acquisition) |
|
|
|
| −0.022 (0.059) | −0.019 (0.059) | 0.195 (0.354) | 0.500 (0.324) |
F-to-D switch (divestment) |
|
|
|
| −0.418 (0.232)* | −0.417 (0.240)* | −0.572 (0.280)** | −0.187 (0.316) |
Obs. | 4862 | 4859 | 4862 | 4859 | 4862 | 4859 | 136 | 136 |
R2 | 0.023 | 0.127 | 0.401 | 0.472 | 0.403 | 0.475 | 0.58 | 0.661 |