(2) model to control the impact of company size, scale, market factors and macroeconomic fundamentals. Added the following variables: book price-earnings ratio (BTM), the total return on assets (ROA) and leverage ratio.
(2) The model controls the size, scale, market macro factors and fundamental factors. Added the following variables: book price-to-earnings ratio (BTM), total asset return (ROA), and leverage.
(2) the model controls the influence of company size, scale, market macro factors and fundamental factors. The following variables were added: book price earnings ratio (BTM), return on total assets (ROA) and leverage ratio.<br>