Page 219 - 33-2
P. 219

NTU Management Review Vol. 33 No. 2 Aug. 2023




                Panel C 於總統當選人任職前後期間提供總統大選政治獻金金額對公股銀行貸款利率之影響
                                                          Y=RATE_SPREAD
                                        Column (1)           Column (2)          Column (3)
                                        Y=SPREAD          Y=GB1_ SPREAD       Y =GB0_ SPREAD
                                    Coefficient  p-value  Coefficient   p-value  Coefficient  p-value
                   INTERCEPT        -0.6446    0.6618    -4.0950    0.2327   -0.7163    0.6741
                     DOAMT           0.0829    0.2180    0.1523     0.4306   0.0622     0.4210
                      POST           2.3391**  0.0166    0.8559     0.7652   2.6113**   0.0140
                  DOAMT×POST        -0.1737**  0.0219    -0.0670    0.7509   -0.1912**  0.0206
                  IMR_DO/ IMR_SL     Included            Included            Included
                     Controls        Included            Included            Included
                 Session & Industry   Included           Included            Included
                     indicators
                    Sample size     272                  50                  222
                      F-stat.         9.4831***           9.3914***           7.8954***
                     p-value          0.0000              0.0000              0.0000
                    Adjusted R 2      0.3021              0.4792              0.2943
                Panel D 於總統當選人任職前後期間提供總統大選政治獻金予總統當選人金額對公股銀行貸款利率之影響
                                                          Y=RATE_SPREAD
                                        Column (1)           Column (2)          Column (3)
                                        Y=SPREAD          Y=GB1_ SPREAD       Y =GB0_ SPREAD
                                    Coefficient  p-value  Coefficient   p-value  Coefficient  p-value
                   INTERCEPT        -1.9159    0.2472    0.0727     0.9870   -2.1106    0.2572
                    DOWINAMT        -0.0335***  0.0011   0.0207     0.4941   -0.0380***  0.0009
                      POST           1.3394*   0.0869   -0.0001     1.0000   1.6298*    0.0669
                 DOWINAMT×POST      -0.1018*   0.0959    0.0022     0.9894   -0.1210*   0.0850
                     IMR_DO          Included            Included            Included
                     IMR_SL          Included            Included            Included
                     Controls        Included            Included            Included
                 Session & Industry   Included           Included            Included
                     indicators
                    Sample size     272                  50                  222
                      F-stat.        10.9876***          7.4782***             9.2882***
                     p-value          0.0000             0.0000                0.0000
                    Adjusted R 2      0.3248             0.4772                0.3236
               註: 表內為使用 OLS 校正殘差異質性之穩健迴歸模型結果,* 為 p 值 <0.1 的顯著水準,** 為 p 值 <0.05 的顯著水準,*** 為 p 值
                  <0.01 的顯著水準。變數定義請參照附錄一。























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