Dependent variables | FFV | |
Groups | (1) | (2) |
FVTPL | 0.285*** | −0.006 |
(3.14) | (−0.44) | |
FVTPL_FV1 | −0.988 | −0.513** |
(−0.36) | (−2.21) | |
FVTPL_FV2 | −6.614 | 0.160 |
(−0.99) | (1.25) | |
FVTPL_FV3 | −11.801*** | 0.478*** |
(−4.58) | (4.85) | |
SIZE | 0.000 | −0.001* |
(1.20) | (−1.83) | |
AR | 0.000 | −0.001 |
(0.38) | (−1.11) | |
CFO | −0.000 | 0.000 |
(−1.07) | (0.64) | |
GROWTH | 0.000 | 0.001 |
(0.59) | (0.77) | |
ROA | 0.004 | 0.005 |
(0.60) | (0.51) | |
ROE | 0.000 | 0.001 |
(0.04) | (0.21) | |
RRec | −0.003 | 0.002 |
(−1.54) | (0.62) | |
Year | 0.000 | 0.000 |
(1.14) | (0.87) | |
Ind | 0.000 | 0.000 |
(0.12) | (0.90) | |
Constant | −0.393 | −0.437 |
(−1.17) | (−0.85) | |
Observations | 108 | 108 |
R-squared | 0.277 | 0.436 |