TP

Coef.

Std. Err.

t-value

p-value

[95% Conf. Interval]

FAM

−0.00065

0.00030

−2.15

0.032**

−0.00124

−0.00006

FOR

−0.00045

0.00017

−2.63

0.008***

−0.00078

−0.00011

GOV

−0.00036

0.00022

−1.65

0.100*

−0.00079

0.00007

INS

−0.00005

0.00016

−0.32

0.749

0.00038

0.00027

SIZE

0.00057

0.00193

0.30

0.766

−0.00321

0.00436

ROA

0.42357

0.03933

10.77

0.000***

0.34644

0.50070

LEV

−0.04667

0.01104

−4.23

0.000***

−0.06832

−0.02504

Year dummy

Yes

Yes

Yes

Yes

Yes

Sector dummy

Yes

Yes

Yes

Yes

Yes

Constant

−0.33139

0.05840

−5.67

0.000***

−0.44592

−0.21686

Mean dependent var

−0.258

SD dependent var

0.158

R-squared

0.203

Number of obs.

1923

F-test

18.094

Prob > F

0.000

Akaike crit. (AIC)

−2041.443

Bayesian crit. (BIC)

−1924.649