| Variable | High IVPER | Low IVPER |
| UE | 0.422 (2.663)*** | 0.263 (1.353) |
| CSR | −0.010 (−1.453) | 0.012 (1.473) |
| EPS | 0.222 (1.479) | 0.20 (0.103) |
| Intercept | −0.008 | −0.013 |
| N | 898 | 894 |
| Adj.R2 | 0.009 | 0.006 |