(2.7950)

(2.6860)

(2.8580)

(0.2190)

(0.1780)

(0.2270)

G-Index

.

.

−0.009

.

.

−0.000616

.

.

(0.0100)

.

.

(0.0010)

Constant

0.566

0.076

0.654

0.432

−0.087

0.142

Industry Dummy

Included

Included

Included

Included

Included

Included

Fixed Effect

.

Yes

.

.

Yes

.

R²

0.641

0.232

0.642

0.478

0.215

0.447

N

2,055

2,055

2,055

15,206

15,206

15,198