

191
臺大管理論叢
第
28
卷第
2
期
表七 供應鏈關係不確定性對公司債利差之影響:嚴謹性檢驗與額外分析
顧客關係不確定性
(CPSV)
供應商關係不確定性
(KCICV)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
CPS_CPSV5
386.1219***
401.0884***
(5.06)
(5.25)
M_CPSV5
370.6401***
412.1306***
(3.91)
(5.33)
CPS_
CPSV5
×
GDP
-221.1866
(-0.69)
M_CPSV5
×
GDP
-330.8796
(-1.25)
CIC_KCICV5
201.2249
1797.2672
(0.87)
(0.92)
M_KCICV5
134.8636
942.4131
(1.41)
(0.60)
CIC_
KCICV5
×
GDP
-495.6901
(-0.87)
M_KCICV5
×
GDP
-271.1157
(-0.52)
LEV
517.9029**
522.8741**
511.3045**
509.5744** 756.5055*** 756.7407*** 754.9126*** 757.4341***
(2.37)
(2.39)
(2.31)
(2.30)
(3.63)
(3.63)
(3.60)
(3.65)
VOL
819.4712*** 820.5353*** 810.0118*** 802.9700*** 754.9432*** 753.5893*** 759.3018*** 747.8122***
(4.62)
(4.63)
(4.63)
(4.53)
(3.19)
(3.19)
(3.22)
(3.21)