Chinese Journal of Management Science ›› 2024, Vol. 32 ›› Issue (5): 275-285.doi: 10.16381/j.cnki.issn1003-207x.2021.0478
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Guangyu Wan1,Feiyan Pu1,Zichun Li1,Yu Cao2(
)
Received:2021-03-10
Revised:2021-11-18
Online:2024-05-25
Published:2024-06-06
Contact:
Yu Cao
E-mail:caoyu@csu.edu.cn
CLC Number:
Guangyu Wan,Feiyan Pu,Zichun Li, et al. Impact of Marketing Capability and Production Operation Capability on Firms' Financial Performance[J]. Chinese Journal of Management Science, 2024, 32(5): 275-285.
"
| 变量 | 被解释变量( | |||||
|---|---|---|---|---|---|---|
| (a) | (b) | (c) | (d) | (e) | (f) | |
| 0.0660*** | 0.0379*** | 0.0639*** | 0.0354*** | |||
| (0.0048) | (0.0049) | (0.0050) | (0.0051) | |||
| 0.0221*** | 0.0153*** | 0.0081* | 0.0087** | |||
| (0.0043) | (0.0038) | (0.0043) | (0.0038) | |||
| -0.1310*** | -0.1330*** | -0.1310*** | ||||
| (0.0098) | (0.0100) | (0.0098) | ||||
| 0.0303*** | 0.0394*** | 0.0305*** | ||||
| (0.0028) | (0.0025) | (0.0028) | ||||
| 0.0007 | 0.0011 | 0.0010 | ||||
| (0.0025) | (0.0024) | (0.0025) | ||||
| -0.0016*** | -0.0020*** | -0.0016*** | ||||
| (0.0004 | (0.0004) | (0.0004) | ||||
| -0.0003 | 0.0017 | 2.18e-05 | ||||
| (0.0070) | (0.0068) | (0.0069) | ||||
| 行业固定效应 | Yes | Yes | Yes | Yes | Yes | Yes |
| 时间固定效应 | Yes | Yes | Yes | Yes | Yes | Yes |
| 0.0800 | 0.1730 | 0.0360 | 0.1640 | 0.0810 | 0.1740 | |
"
| 变量 | 被解释变量( | 被解释变量( | ||
|---|---|---|---|---|
| (a) | (b) | (c) | (d) | |
| 0.0639*** | 0.0354*** | 0.2580*** | 0.2890*** | |
| (0.0050) | (0.0051) | (0.0168) | (0.0203) | |
| 0.0081* | 0.0087** | / | / | |
| (0.0043) | (0.0038) | / | / | |
| -0.1310*** | -0.0103 | |||
| (0.0098) | (0.0325) | |||
| 0.0305*** | -0.0243** | |||
| (0.0028) | (0.0095) | |||
| 0.0010 | -0.0309*** | |||
| (0.0025) | (0.0094) | |||
| -0.0016*** | -0.0064*** | |||
| (0.0004) | (0.0016) | |||
| 2.18e-05 | -0.0385 | |||
| (0.0069) | (0.0253) | |||
| 行业固定效应 | Yes | Yes | Yes | Yes |
| 时间固定效应 | Yes | Yes | Yes | Yes |
| 0.0810 | 0.1740 | 0.1230 | 0.1290 | |
"
| 变量 | 被解释变量( | |||||
|---|---|---|---|---|---|---|
| (a) | (b) | (c) | (d) | (e) | (f) | |
| 0.0677*** | 0.0587*** | 0.0751*** | 0.0663*** | |||
| (0.0147) | (0.0139) | (0.0144) | (0.0136) | |||
| 0.0180* | 0.0192** | 0.0399*** | 0.0331*** | |||
| (0.0100) | (0.0095) | (0.010) | (0.0093) | |||
| -0.0133*** | -0.0217*** | -0.0122*** | -0.0207*** | -0.0135*** | -0.0196*** | |
| (0.0042) | (0.0041) | (0.0042) | (0.0040) | (0.0042) | (0.0039) | |
| 0.0629*** | 0.0333*** | 0.0657*** | 0.0359*** | |||
| (0.0036) | (0.0040) | (0.0034) | (0.0039) | |||
| 0.0092*** | 0.0082*** | 0.0259*** | 0.0153*** | |||
| (0.0032) | (0.0031) | (0.0031) | (0.0030) | |||
| -0.133*** | -0.133*** | -0.134*** | ||||
| (0.0057) | (0.0057) | (0.0057) | ||||
| 0.0301*** | 0.0298*** | 0.0391*** | ||||
| (0.0020) | (0.0020) | (0.0017) | ||||
| 0.0003 | 0.0001 | 0.0004 | ||||
| (0.0015) | (0.0015) | (0.0015) | ||||
| -0.0016*** | -0.0017*** | -0.0020*** | ||||
| (0.0003) | (0.0003) | (0.0003) | ||||
| -0.0002 | -0.0007 | 0.0016 | ||||
| (0.0058) | (0.0058) | (0.0058) | ||||
| Constant | 0.0450*** | 0.1770*** | 0.0449*** | 0.1790*** | 0.0446*** | .1780*** |
| (0.0004) | (0.0436) | (0.0004) | (0.0435) | (0.0004) | (0.0437) | |
| 行业固定效应 | Yes | Yes | Yes | Yes | Yes | Yes |
| 时间固定效应 | Yes | Yes | Yes | Yes | Yes | Yes |
| 0.0620 | 0.1790 | 0.0610 | 0.1780 | 0.0130 | 0.1680 | |
"
| 变量 | 被解释变量(ROA) | |||
|---|---|---|---|---|
(a 低营销 能力组 | (b) 高营销 能力组 | (c) 低营销 能力组 | (d) 高营销 能力组 | |
| 0.0272*** | 0.0150 | |||
| (0.0067) | (0.0096) | |||
| 0.0102 | 0.0083* | 0.0140** | 0.0096** | |
| (0.0073) | (0.0050) | (0.0071) | (0.0049) | |
| -0.1210*** | -0.1320*** | -0.120*** | -0.132*** | |
| (0.0118) | (0.0166) | (0.0119) | (0.0166) | |
| 0.0463*** | 0.0245*** | 0.0514*** | 0.0260*** | |
| (0.0043) | (0.0043) | (0.0042) | (0.0041) | |
| 0.0042 | -0.0034 | 0.0046 | -0.0035 | |
| (0.0036) | (0.0044) | (0.0036) | (0.0044) | |
| -0.0036*** | 0.0005 | -0.0039*** | 0.0003 | |
| (0.0006) | (0.0006) | (0.0006) | (0.0006) | |
| -0.0002 | 0.0129 | 0.0004 | 0.0136 | |
| (0.0098) | (0.0098) | (0.0097) | (0.0097) | |
| 行业固定效应 | Yes | Yes | Yes | Yes |
| 时间固定效应 | Yes | Yes | Yes | Yes |
| 0.1790 | 0.1620 | 0.1730 | 0.1610 | |
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