Table 8

Robustness regression results across different time periods

VariablesAbToneAbToneAbTone
2007–20132014–20192020–2022
(1)(2)(3)
ET4.5578***6.8786***−0.8306
(2.604)(6.018)(−0.799)
ControlsYesYesYes
Year FEYesYesYes
Industry FEYesYesYes
Constant0.7938−0.7143−0.3124
(1.234)(−1.244)(−0.764)
Observations10,46015,33710,319
Adjusted R20.04760.03740.0470

Note(s): This table reports the regression results after dividing the full sample into three sub-periods: 2007–2013, 2014–2019 and 2020–2022. Column (1) presents the results for 2007–2013, column (2) for 2014–2019 and column (3) for 2020–2022. The t-statistics reported in parentheses are based on standard errors clustered by firm. ***, ** and * indicate significance at the 1%, 5% and 10% levels, respectively. Variable definitions are provided in Table 1 

Source(s): Table by authors
[ViewLarge]
This Feature Is Available To Subscribers Only

or Create an Account

Close Modal
Close Modal

Gift article access

As a benefit of your subscription, you can share temporary access to restricted articles.

Each link will stop working after 30 days or 10 uses. You may create up to 10 links in a 30 day period.

Please sign in to your personal account to gift article access.

Register

Gift article access

As a benefit of your subscription, you can share temporary access to restricted articles.

Each link will stop working after 30 days or 10 uses. You may create up to 10 links in a 30 day period.

Gift articles remaining: --

Gift article access

Each link will stop working after 30 days or 10 uses. You may create up to 10 links in a 30 day period.

Gift articles remaining: --

Gift article access

As a benefit of your subscription, you can share temporary access to restricted articles.

Each link will stop working after 30 days or 10 uses.

You have reached the limit of 10 links within a 30 day period.

Sharing Unavailable

Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.