Research Article
The Impact of Goodwill Recognition and Goodwill Impairment on the Increasing Holdings of Block Shareholders
Table 10
State-owned firms versus privately owned firms: the influence of GR.
| | Variables | State-owned company | Privately owned companies | | (1) | (2) | (3) | (4) |
| | GRQ | 0.0762 (0.231) | 0.0647 (0.255) | 0.0541 (0.000) | 0.0573 (0.000) | | ES | | 0.0429 (0.020) | | 0.0002 (0.967) | | OC | | −0.0030 (0.164) | | −0.0036 (0.109) | | BS | | −0.0019 (0.806) | | −0.0011 (0.708) | | PB | | −0.0006 (0.788) | | 0.0003 (0.558) | | LCD | | −0.0978 (0.032) | | −0.0317 (0.050) | | CCM | | −0.0029 (0.946) | | 0.0006 (0.919) | | Constant | −0.0065 (0.647) | −0.9726 (0.022) | −0.1320 (0.000) | −0.1282
(0.286) | | Year and industry | Included | Included | Included | Included | | Observations | 567 | 567 | 2058 | 2058 | | R-squared | 0.0860 | 0.1398 | 0.0716 | 0.0816 |
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Notes. statistics are in parentheses. , , and . |
