|
|
M1 |
M2 |
M3 |
M4 |
M5 |
M6 |
M7 |
M8 |
M9 |
M10 |
M11 |
| Firm scale |
0.332*** |
|
0.228*** |
|
0.332*** |
|
0.329*** |
|
0.240*** |
|
0.316*** |
| Gender |
|
−0.138 |
−0.091 |
−0.079 |
−0.078 |
|
|
|
|
|
|
| Age |
|
0.084*** |
0.249*** |
|
|
0.288*** |
0.284*** |
|
|
|
|
| Education |
|
0.381*** |
0.295*** |
|
|
|
|
0.389*** |
0.320*** |
|
|
| Tenure |
|
0.148* |
0.101 |
|
|
|
|
|
|
0.152* |
0.103 |
| R2 |
0.107 |
0.226 |
0.27 |
0.02 |
0.109 |
0.079 |
0.185 |
0.148 |
0.198 |
0.019 |
0.114 |
| F |
30.902 |
19.276 |
19.535 |
1.550 |
16.339 |
22.546 |
29.318 |
44.465 |
31.838 |
5.918 |
17.043 |
| Sig. |
0.000 |
0.000 |
0.000 |
0.214 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.016 |
0.000 |