From: Bank loan information and information asymmetry in the stock market: evidence from China
Variables | PIN | |||
---|---|---|---|---|
1 | 2 | 3 | 4 | |
NPL | 0.0084 | Â | Â | Â |
(1.12) | Â | Â | Â | |
NPL rate | Â | 0.0199** | Â | Â |
 | (2.03) |  |  | |
NPL Tbank | Â | Â | 0.0057 | Â |
 |  | (0.66) |  | |
NPL Nbank | Â | Â | Â | 0.0034 |
 |  |  | (1.37) | |
Controls | Yes | Yes | Yes | Yes |
Year \(\times\) industry-fixed effect | Yes | Yes | Yes | Yes |
Firm-fixed effect | Yes | Yes | Yes | Yes |
Adjusted \(R^2\) | 0.0681 | 0.0682 | 0.0681 | 0.0681 |
Obs. | 26,893 | 26,893 | 26,893 | 26,893 |