High market level group | Low market level group | |||||||
| tbc | tbc | tbc | tbc | tbc | tbc | tbc | tbc |
cor | 0.205*** (4.180) |
|
|
| −0.185 (1.500) |
|
|
|
ecor | 0.0636* (1.720) |
|
|
| 0.0139 (0.14) |
|
|
|
SEA |
| 0.141045*** (3.88) |
|
|
| −0.0836738 (−0.95) |
|
|
mix |
|
| 0.246*** (4.210) |
|
|
| 0.198 (1.110) |
|
educetio |
|
| 0.105* (1.850) |
|
|
| −0.0718 (−0.490) |
|
wor |
|
| 0.139*** (2.760) |
|
|
| −0.157 (−1.460) |
|
riskb |
|
|
| 3.232726*** (5.72) |
|
|
| 5.501483*** (10.73) |
Controls | YES | YES | YES | YES | YES | YES | YES | YES |
Year | YES | YES | YES | YES | YES | YES | YES | YES |
INDUSTRY | YES | YES | YES | YES | YES | YES | YES | YES |