variable | meeting attendance | objection | resignation | |||
att | 0.176 | 0.179*** |
|
|
|
|
att * idh |
| 0.039*** |
|
|
|
|
dlo |
|
| 0.221* | 0.299* |
|
|
dlo * idh |
|
|
| 0.103** |
|
|
res |
|
|
|
| 0.169*** | 0.171*** |
res * idh |
|
|
|
|
| 0.603*** |
lev | 0.135** | 0.197*** | −0.192** | −0.173* | −0.267** | −0.208* |
sta | −0.416*** | −0.376*** | −0.44*** | −0.439*** | −0.418*** | −0.43*** |
tat | −0.091*** | −0.06** | −0.014 | −0.013 | −0.012 | −0.014 |
idr | 0.229 | 0.307 | 0.266** | 0.267** | 0.309** | 0.19 |
size | 0.062*** | 0.054*** | 0.206*** | 0.209*** | 0.187*** | 0.196*** |
top1 | −0.684*** | −0.746*** | −0.191*** | −0.197*** | −0.172*** | −0.219*** |
boa | −0.285*** | −0.253*** | −0.063* | −0.063* | −0.043 | −0.083* |
dual | −0.012 | 0.037 | −0.018 | −0.02 | −0.033** | −0.018 |
idd | −0.051*** | −0.068*** | −0.011 | −0.012 | −0.016 | −0.014 |
Constant | 3.783*** | 3.576*** | 3.561*** | 3.592*** | 3.263*** | 3.5*** |
AR(1) | 0.000 | 0.000 | 0.001 | 0.002 | 0.017 | 0.015 |
AR(2) | 0.294 | 0.190 | 0.518 | 0.492 | 0.695 | 0.648 |
Hansen Test | 0.607 | 0.619 | 0.110 | 0.166 | 0.157 | 0.170 |
Number of instrumental variables | 23 | 25 | 30 | 31 | 26 | 27 |