From: The effects of entrepreneurial long-term commitment on post-IPO performance: Chinese evidence
LOG_SALES | LOG_EMPLOY | ROA | LEV | |
---|---|---|---|---|
(1) | (2) | (3) | (4) | |
TREATED×POST | −0.070a (−3.22) | − 0.108b (−2.16) | −0.017b (−2.53) | 0.004c (2.00) |
TREATED | 0.088 (1.44) | 0.106 (1.55) | 0.022b (2.72) | −0.010a (−2.99) |
POST | 0.550a (14.72) | 0.428a (10.87) | −0.147a (−14.44) | − 0.004 (− 1.57) |
Industry fixed effects included? | Yes | Yes | Yes | Yes |
No. of obs. | 5513 | 4820 | 4594 | 5463 |
Adjusted R2 | 0.211 | 0.114 | 0.347 | 0.053 |