Complexity

Research Article

The Impact of Goodwill Recognition and Goodwill Impairment on the Increasing Holdings of Block Shareholders

Table 4

Regression results of Hypothesis 1.
VariablesModel 1
(1) SIV(2) SIV
GRV0.0312 (0.011)0.0249 (0.043)
ES 0.0684 (0.000)
OC 0.0060 (0.338)
BS −0.0126 (0.272)
PB 0.0132 (0.000)
LCD −0.2855 (0.000)
CCM 0.0574 (0.054)
Constant0.2217 (0.122)−1.2704 (0.000)
Year and industryIncludedIncluded
Observations1288812888
R-squared0.01690.0252
Note. statistics are in parentheses. , , and .