Differences in the Values of the Senior Management Team, Antirisk Ability, and Innovation Performance by the Data-Driven Approach: Evidence from 841 Listed Companies in China

Table 6

Regression analysis results of differences in the values of the senior management team and innovation performance.

Variable name	Full sample		Low degree of difference		High degree of difference
	(1)	(2)	(3)	(4)	(5)	(6)
Differences in the values of the senior management team	−.040	−.036	−.022	.063	.010	−.043
Enterprise size	−.013	.025	.001	.021	−.019	.027
Assets and liabilities	.000	−.018	−.007	.009	.002	−.027
Business performance	−.018	.013	−.032	.021	−.012	.010
Board size	.004	−.010	.015	−.006	−.001	−.011
Board independence	.003	−.005	−.011	.035	.009	−.017
Year fixed	NO	YES	NO	YES	NO	YES
Industry fixed	NO	YES	NO	YES	NO	YES
N	5916	5916	1626	1626	4290	4290
R^2	0.0260	0.0382	0.0300	0.0408	0.0363	0.0478