Variables | Definitions |
Lnfee | Natural logarithm of audit costs |
In-number | Number of internet business model disclosures |
In-behave | Action index, 0, 1, 2, 3, 4 distribution |
FI | Investment in financial instruments, Transactional financial assets + derivative financial assets + net loans and advances + net available-for-sale financial assets + net held-to-maturity investments + net investment real estate + net repurchases)/total assets of the consolidated statement |
KZK | Parent company long-term equity investment, parent company long-term equity investment/consolidated statement total assets |
KZ | Parent company controlled investment, (Transactional financial assets + derivative financial assets + net loans and advances + net available-for-sale financial assets + net held-to-maturity investments + net investment real estate + net repurchases)/Total assets in the consolidated statement |
Behave*FI | Intersection of In-behave and FI |
Behave*KZK | Intersection of In-behave and KZK |
Behave*KZ | Intersection of In-behave and KZ |
Num*FI | Intersection of In-number and FI |
Num*KZK | Intersection of In-number and KZK |
Num*KZ | Intersection of In-number and KZ |
Size | Company size, natural logarithm of company total assets |
Big 4 | Dummy variable, the accounting firm is 1 for the Big Four, otherwise it is 0 |
Lever | Financial leverage, total liabilities/total assets |
Inv | Proportion of inventory, total inventory/total assets |
Rec | Percentage of accounts receivable, total accounts receivable/asset |
Tunnel | Percentage of other accounts receivable, other accounts receivable/total assets |
Growth | Sales growth rate |
Roe | Return on equity, profit after tax/total equity |
Loss | Dummy variable with a loss of 1, otherwise 0 |