Table 8 Firm-level political uncertainty and risk-taking: the PSM approach.
From: Firm-level political uncertainty, corporate lobbying and risk-taking
(1) | |
|---|---|
RISK_1 | |
P_UNCERTAINTY | 0.009*** (3.10) |
SIZE | −0.010*** (−7.71) |
LEVERAGE | 0.012 (0.82) |
PPE | 0.000 (0.00) |
TOBIN’S Q | 0.018*** (9.49) |
SLACK | 0.070*** (5.00) |
LOSS | 0.007 (1.58) |
Z-SCORE | −0.006*** (−8.91) |
AGE | 0.002 (0.72) |
LnGDP | 0.104*** (4.89) |
UNEMPLOY | 0.003** (2.39) |
INFLATION | 0.007** (2.10) |
Industry F.E. | Yes |
Clustered by Firm | Yes |
N | 3,196 |
Adj. R2 | 0.411 |
