Table 9 Replace the explanatory variable with CEO_xsgg.
From: Academic background of senior executives and enterprise digital transformation
DT | DT | |
|---|---|---|
CEO_xsgg1 | 0.0744*** | 0.0504*** |
(4.4566) | (2.9080) | |
Lnsize1 | -0.0007 | |
(-0.1051) | ||
Lev1 | 0.0226 | |
(0.5994) | ||
Board1 | -0.0618*** | |
(-2.9362) | ||
Roa1 | 0.1237 | |
(1.3963) | ||
CFO1 | -0.3513*** | |
(-5.0894) | ||
Growth1 | 0.0497*** | |
(5.3140) | ||
Shrcr51 | -0.0009** | |
(-2.0354) | ||
Sr1 | 0.1673*** | |
(3.1512) | ||
Both1 | 0.0188 | |
(1.1561) | ||
Age1 | -0.0037** | |
(-2.5644) | ||
_cons | 0.3497*** | 0.6186*** |
(10.5269) | (4.5300) | |
Industry | Yes | Yes |
Year | Yes | Yes |
N | 25,510 | 25,510 |
adj. R2 | 0.324 | 0.332 |
