VARIABLES | EPI |
Manage | 1.01** |
| (0.020) |
HHI | 1.14** |
| (0.031) |
Manage* HHI | 8.56* |
| (0.072) |
ROA | 0.79* |
| (0.066) |
Growth | −0.01 |
| (0.819) |
Age | −0.01 |
| (0.261) |
Levi | 0.39*** |
| (0.008) |
Cashflow | 0.03 |
| (0.955) |
Reg | −0.07 |
| (0.365) |
SOE | 0.02 |
| (0.764) |
First | 0.01 |
| (0.125) |
Director | 0.01 |
| (0.529) |
Indep | −1.62*** |
| (0.000) |
Bage | −0.01 |
| (0.354) |
Constant | 1.47** |
| (0.021) |
Area | Controlled |
year | Controlled |
Observations | 1430 |
R-squared | 0.106 |