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