Table 7 Propensity score matching method.
From: Academic background of senior executives and enterprise digital transformation
(1) | (2) | |
|---|---|---|
DT | DT | |
r_xsgg1 | 0.2007*** | 0.1857*** |
(3.8595) | (3.6031) | |
Lnsize1 | -0.0077 | |
(-1.0295) | ||
Lev1 | 0.0458 | |
(0.9821) | ||
Board1 | -0.0630** | |
(-2.5672) | ||
Roa1 | 0.0615 | |
(0.5706) | ||
CFO1 | -0.4289*** | |
(-5.0973) | ||
Growth1 | 0.0483*** | |
(4.1646) | ||
Shrcr51 | -0.0011** | |
(-2.0451) | ||
Sr1 | 0.1543*** | |
(2.7618) | ||
Both1 | 0.0108 | |
(0.6394) | ||
Age1 | -0.0027 | |
(-1.6414) | ||
_cons | -0.1574*** | 0.2329 |
(-5.4339) | (1.5744) | |
Industry | Yes | Yes |
Year | Yes | Yes |
N | 17,608 | 17,608 |
adj. R2 | 0.321 | 0.329 |
