Dependent Variable

CAR

Family Control

−0.023 (−2.05)**

Management. Osh

0.02 (8.42)***

Ownership Concentration

0.005 (2.31)***

Board Independence

−0.0058 (−0.910)

Board Size

0.092 (3.510)

Chairman/CEO Duality

0.042 (4.210)**

Audit Committee Independence

−0.0826 (−3.96)

Firm Size

0.0097 (9.75)***

Growth Opportunities

0.00410 (9.77)***

Firm Profitability

0.0007 (9.02)***

Bank. Dummy

0.00567 (0.738)

F Value

12.46

P Value

0

R2

0.16