Variables	Predicted Signs	Coefficients (t value)
Intercept		−0.075
		(−3.64)^***
Cash	+	0.047
		(4.89)^***
Size	+	0.007
		(9.16)^***
Growth	+	0.011
		(1.70)^*
Leverage	−	−0.019
		(−3.42)^***
	+	0.339
		(27.16)^***
Age	−	−0.014
		(−4.77)^***
StockReturns	+	0.002
		−0.86
YearIndicator		Yes
IndustryIndicator		Yes
Adjusted R2		0.205