| Constant | 0.101*** |
| (0.000) | |
| ICQ | 0.008 |
| (0.141) | |
| RMI | 0.002*** |
| (0.001) | |
| ICQ × RMI | −0.002** |
| (0.012) | |
| State | −0.005*** |
| (0.000) | |
| Lnasset | −0.005*** |
| (0.000) | |
| Roe | 0.032*** |
| (0.000) | |
| Leverage | 0.041*** |
| (0.000) | |
| Revgrowth | 0.008*** |
| (0.000) | |
| Year | control |
| Industry | control |
| N | 12755 |
| Cox and Snell R² |
|
| −2 log likehood |
|
| Adj. R² | 0.039 |
| F Value | 21.913 |