variable

model (1)

model (2)

model (3)

(1)

(2)

(3)

(1)

(2)

(3)

(1)

(2)

(3)

att

0.065

0.044

0.135

dlop

0.061*

0.073**

0.072**

res

0.13**

0.129***

0.13***

lev

0.092***

0.103***

0.092***

0.104***

0.096***

0.108***

sta

−0.467***

−0.306***

−0.468***

−0.309***

−0.456***

−0.298***

tat

−0.004

−0.014

−0.002

−0.014

−0.01

−0.005

idr

0.16*

−0.187*

0.162*

−0.185*

0.154*

−0.169

size

0.147***

0.146***

0.15***

top1

−0.859***

−0.859***

−0.832***

boa

−0.254***

−0.255***

−0.237***

dual

−0.01

−0.009

−0.01

idd

−0.019**

−0.019**

−0.021**

constant

0.625***

0.561***

3.338***

0.689***

0.601***

3.461***

0.669***

0.577***

3.427***

Sample size

16824

16824

16824

16824

16824

16824

16824

16824

16824

Adjusted-R²

0.011

0.034

0.088

0.013

0.058

0.126

0.022

0.085

0.142