| Perks1 | Perks2 | ||
| Coef. | t | Coef. | t |
_cons | 0.5283*** | 2.73 | 0.1146*** | 3.13 |
Loan | −2.1962*** | −4.56 | −0.4254*** | −4.00 |
Size | −0.0258*** | −3.11 | −0.0034** | −2.16 |
Debt | −0.9935 | −1.54 | −0.2135* | −1.72 |
Roe | −0.0156 | −1.22 | 0.0010 | 1.06 |
Growth | 0.0001 | 0.78 | −0.0001 | −0.62 |
Cash | 0.1204* | 1.65 | 0.0022 | 0.09 |
First | −0.0419 | −1.26 | −0.0142** | −2.14 |
CEOsh | −0.1732*** | −3.28 | −0.0178** | −2.18 |
Year Fixed Effect | Yes | Yes | ||
Industry Fixed Effect | Yes | Yes | ||
F | 995.33 | 23.07 | ||
Prob> F | 0.000 | 0.000 | ||
R2 | 0.0328 | 0.0543 | ||
Obs | 18794 | 13064 |