(3.745)

(3.833)

(2.401)

(2.614)

ICBIG10

0.747

0.791

−0.185

−0.341

(1.508)

(1.524)

(−0.660)

(−1.219)

_cons

32.470***

27.483***

33.350***

24.789***

(3.300)

(3.504)

(4.419)

(3.373)

Industry & Year

Control

Control

N

998

2099

Pseudo R2

0.238

0.235

0.295

0.298

Wald chi2

108.914

109.476

168.436

170.551