Independent t-test
| CEO_RU | Coeff | t-value | ||
|---|---|---|---|---|
| Reputable university | Nonreputable university | |||
| RNDTA | 0.002 | 0.001 | 0.002* | 1.695 |
| AGE | 3.984 | 4.052 | −0.068*** | −3.866 |
| BIG4 | 0.768 | 0.750 | 0.018 | 0.390 |
| FSIZE | 21.249 | 21.148 | 0.101 | 0.706 |
| FAGE | 33.000 | 35.396 | −2.396 | −1.099 |
| TANG | 0.250 | 0.317 | −0.067*** | −2.712 |
| ROE | 0.096 | 0.139 | −0.043* | −1.738 |
| CASHEQ | 0.151 | 0.133 | 0.018 | 1.325 |
| SCORE | 25.382 | 28.667 | −3.286*** | −3.280 |
| GDP | 13.173 | 13.333 | −0.160*** | −3.160 |
| Coeff | ||||
|---|---|---|---|---|
| Reputable university | Nonreputable university | |||
| 0.002 | 0.001 | 0.002* | 1.695 | |
| 3.984 | 4.052 | −0.068*** | −3.866 | |
| 0.768 | 0.750 | 0.018 | 0.390 | |
| 21.249 | 21.148 | 0.101 | 0.706 | |
| 33.000 | 35.396 | −2.396 | −1.099 | |
| 0.250 | 0.317 | −0.067*** | −2.712 | |
| 0.096 | 0.139 | −0.043* | −1.738 | |
| 0.151 | 0.133 | 0.018 | 1.325 | |
| 25.382 | 28.667 | −3.286*** | −3.280 | |
| 13.173 | 13.333 | −0.160*** | −3.160 | |
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