VAR | (1) IIR | (2) IIR | (3) IIR |
S | −1.594 | −5.094** | |
| (−1.163) | (−2.229) | |
ID |
| −0.006** | −0.008** |
|
| (−2.010) | (−2.371) |
ID*S |
|
| 5.727** |
|
|
| (2.142) |
CF | 0.019 | 0.010 | 0.010 |
| (0.938) | (0.478) | (0.464) |
q | 0.008*** | 0.008*** | 0.007*** |
| (4.621) | (4.688) | (4.675) |
TIR | 0.005** | 0.005** | 0.005** |
| (2.131) | (2.295) | (2.327) |
SALE | 0.000 | 0.001 | 0.001 |
| (0.492) | (1.150) | (0.936) |
GRO | 0.018*** | 0.018*** | 0.017*** |
| (4.941) | (5.118) | (4.889) |
MB | −0.000 | −0.000 | −0.000 |
| (−1.167) | (−1.175) | (−1.402) |
LEV | −0.020*** | −0.020*** | −0.019*** |
| (−3.246) | (−3.287) | (−3.210) |
EFD | −0.000 | −0.000 | −0.000 |
| (−0.686) | (−0.869) | (−0.807) |
Pseudo R2 | −0.0810 | −0.0835 | −0.0849 |
Obs | 2330 | 2330 | 2330 |