Table 6 Two-stage regression.
From: Academic background of senior executives and enterprise digital transformation
(1) | (2) | |
|---|---|---|
DT | DT | |
r_xsgg1 | 5.9005*** | 6.5476*** |
(18.6630) | (13.6762) | |
Lnsize1 | -0.0289*** | |
(-4.2797) | ||
Lev1 | 0.1695*** | |
(3.6286) | ||
Board1 | -0.0934*** | |
(-3.5055) | ||
Roa1 | -0.2608** | |
(-2.0971) | ||
CFO1 | 0.0015 | |
(0.0145) | ||
Growth1 | 0.0824*** | |
(5.0093) | ||
Shrcr51 | -0.0011** | |
(-2.4713) | ||
Sr1 | -0.4139*** | |
(-5.4060) | ||
Both1 | -0.1429*** | |
(-6.9019) | ||
Age1 | 0.0036** | |
(2.3966) | ||
_cons | 0.1695*** | 0.9556*** |
(3.3355) | (6.3919) | |
Year | Yes | Yes |
N | 25,549 | 25,549 |
