Empirical Analysis of Customer Risk and Corporate Financing Constraints Based on Supply Chain Networks

Table 10

Summary table of robustness test results 3.

	(1)
	FC
CRT	0.0103
	(2.21)
CashFlow	0.0303
	(1.30)
Age	0.0811
	(19.69)
Size	0.0023
	(1.57)
PPE	0.0004
	(0.04)
Lev	0.0044
	(0.48)
Hold	−0.0371
	(−3.70)
Msh	−0.0183
	(−2.32)
ROA	0.0495
	(1.66)
Growth	0.0039
	(1.22)
Dual	−0.0203
	(−5.64)
KHROA	0.0551
	(1.64)
KHAge	0.0042
	(0.95)
Constant	1.0518
	(18.96)
Year	Yes
Industry	Yes
N	1032
R^2	0.5525

Note. , , and indicate that the test coefficients are significant at the 1%, 5%, and 10% levels, respectively, and in parentheses, it displays the value t.