Table 7 Regression results from a diploma heterogeneity perspective.
From: The influence of the social networks of fund managers on the herding behavior of SIFs in China
Group\variables | (1) | (2) |
|---|---|---|
Master | Docter | |
FreeClo | 106.221 | −572.243 |
(98.094) | (621.853) | |
ValClo | −3.576 | 0.208 |
(2.609) | (18.496) | |
Const | −8.338 | −77.209 |
(18.866) | (36.041) | |
Size | 17.261** | 194.967 |
(7.207) | (87.856) | |
Sex | −24.930 | 194.967 |
(18.847) | (87.856) | |
Jyear | −8.964*** | −66.111 |
(2.600) | (35.379) | |
Jnum | −26.329* | 398.926 |
(14.659) | (187.365) | |
Snum | 10.003*** | 38.261 |
(2.791) | (23.097) | |
Soum | −0.366*** | −1.572 |
(0.130) | (1.045) | |
Garr | −0.580 | 22.343 |
(0.607) | (10.322) | |
Constant | −144.676 | 131.776 |
(99.189) | (725.401) | |
Observations | 87 | 12 |
R-squared | 0.293 | 0.968 |
