Table 4 The role of gender diversity.
(1) | (2) | |
|---|---|---|
ROA | ROA | |
DLWY | −0.013*** | −0.020*** |
(0.001) | (0.003) | |
DLWY*Gender_D | 0.027** | |
(0.011) | ||
Gender_D | 0.010*** | 0.004 |
(0.003) | (0.004) | |
BS | 0.012*** | 0.012*** |
(0.003) | (0.003) | |
BI | −0.003*** | −0.003*** |
(0.001) | (0.001) | |
CEO_Dual | 0.001 | 0.001 |
(0.001) | (0.001) | |
LEV | −0.140*** | −0.140*** |
(0.002) | (0.002) | |
Age | −0.051*** | −0.051*** |
(0.006) | (0.006) | |
Size | 0.013*** | 0.013*** |
(0.001) | (0.001) | |
RDI | −0.155*** | −0.155*** |
(0.045) | (0.045) | |
Tang | 0.031*** | 0.031*** |
(0.004) | (0.004) | |
cons | −0.229*** | −0.228*** |
(0.009) | (0.009) | |
Observations | 20427 | 20427 |
R-squared | 0.281 | 0.281 |
Industry Dummy | Yes | Yes |
Year Dummy | Yes | Yes |
