Research Article
Equity Incentive Model, Source of Subject Matter and Enterprise Performance: Modification Effect Based on Equity Incentive Intensity
Table 4
Regression results of equity incentive model and enterprise performance (ROA).
| | | ROA01 | ROA02 |
| | Mode | −0.0089 (−1.9571) | −0.0089 (−2.1791) | | Size | | 0.0138 (2.6139) | | Lev | | −0.1754 (−6.2335) | | Operation | | 0.0798 (6.4976) | | Growth | | 0.0206 (5.2275) | | Both | | 0.0097 (2.0212) | | Shrhfd1 | | 0.0001 (0.2455) | | Donation | | 0.0000 (2.6670) | | _cons | 0.0991 (11.9763) | −0.1957 (−1.9248) | | TE | Yes | Yes | | FE | Yes | Yes | | N | 1876 | 1876 | | R2 | 0.0733 | 0.3329 | | Adj. R2 | 0.0679 | 0.3264 |
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Note., , indicate significant at the 1%, 5%, 10% levels. |
