Variable name | Variable code | Variable description |
Commercial bank performance | ROA | Return on assets = net profit after tax/total assets |
Promotion probability | Pro | The actual promotion value is 1, and the unpromoted value is 0 |
Promotion probability | PP | Regression estimation using logit model |
Age of an executive | Age | Actual executive age |
Education background | Edu | Technical secondary school and below 1, college 2, university 3, master 4, doctor and above 5 |
Wage | Wage | Actual wages earned |
expected executive tenure | Etenture | Expected tenure of senior management = (65-actual age of senior management) + (average years of service − years of service) |
Bank Size | Size | Log of total assets |
The logarithm of the bank’s Time to market | Time | Log of time to market |
NPL | NPL | NPL = non-performing loan/total loan balance |
Capital adequacy ratio | CAR | CAR= the bank’s total capital/risk-weighted assets |
Capital adequacy ratio | LEV | LEV= total liabilities/total assets |
Compensation incentive | Fwage | The logarithm of the total compensation of the top three executives |
Employee satisfaction | Sat | The Banks that enter the “China’s best employers of the year” list were given a value of 1 and those that did not were given a value of 0 |