Good Political and business environment

Bad Political and business environment

tbc

tbc

tbc

tbc

tbc

tbc

SEA

0.10948***

(3)

0.0956352

(1.17)

mix

0.212***

(3.600)

0.333**

(2.250)

educetio

0.0685

(1.180)

0.0604

(0.47)

wor

0.110**

(2.190)

0.0383

(0.36)

riskb

3.997052***

(8.92）

6.310038***

(8.57)

Controls

YES

YES

YES

YES

YES

YES

Year

YES

YES

YES

YES

YES

YES

INDUSTRY

YES

YES

YES

YES

YES

YES