rdint

(1)

(2)

l_shortings

0.0377***

(0.00593)

l_longings

0.156***

(0.0579)

l_lna

−0.00319***

−0.00312***

(0.000553)

(0.000569)

l_gassets

0.000630

0.00119

(0.000781)

(0.000781)

l_gsales

0.00258*

0.00393***

(0.00136)

(0.00139)

l_roa

0.0153*

0.0188**

(0.00849)

(0.00851)

l_lev

−0.0215***

−0.0224***

(0.00364)

(0.00368)

l_current

0.230***

0.229***

(0.0315)

(0.0318)

l_rt

−0.00727***

−0.00742***

(0.000824)

(0.000828)

l_it

−0.0118*

−0.0118*

(0.00628)

(0.00626)

l_sum10

−0.00938***

−0.00639***

(0.00239)

(0.00226)

Constant

0.0465***

0.0460***

(0.00679)

(0.00697)

Year fixed effect

controlled

controlled

Industry fixed effect

controlled

controlled

Observations

13,328

13,328

R-squared

0.361

0.356