我有一个用 excel2latex 插件制作的表格。问题是我有 1 列变量名称和 6 列结果。它不适合页面。变量名称列太大,我想调整宽度以使其适合页面。非常感谢您的帮助。我的代码如下:
\begin{table}[htbp]
\centering
\caption{Add caption}
\begin{tabular}{lrrrrrr}
\multicolumn{3}{c}{\textbf{Validation of compensation variables}} & & & & \\
\midrule
& \multicolumn{1}{c}{(1)} & \multicolumn{1}{c}{(2)} & \multicolumn{1}{c}{(3)} & \multicolumn{1}{c}{(4)} & \multicolumn{1}{c}{(5)} & \multicolumn{1}{c}{(6)} \\
VARIABLES & \multicolumn{1}{c}{Forecast} & \multicolumn{1}{c}{Forecast} & \multicolumn{1}{c}{Forecast} & \multicolumn{1}{c}{Forecast} & \multicolumn{1}{c}{Forecast} & \multicolumn{1}{c}{Forecast} \\
\midrule
& \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} \\
Lag\_F & \multicolumn{1}{c}{1.925***} & \multicolumn{1}{c}{1.872***} & \multicolumn{1}{c}{1.927***} & \multicolumn{1}{c}{1.903***} & \multicolumn{1}{c}{1.928***} & \multicolumn{1}{c}{1.929***} \\
& \multicolumn{1}{c}{(0.0345)} & \multicolumn{1}{c}{(0.0356)} & \multicolumn{1}{c}{(0.0347)} & \multicolumn{1}{c}{(0.0348)} & \multicolumn{1}{c}{(0.0345)} & \multicolumn{1}{c}{(0.0345)} \\
Opts ratio & \multicolumn{1}{c}{0.193***} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} \\
& \multicolumn{1}{c}{(0.0463)} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} \\
OptsVst & \multicolumn{1}{c}{} & \multicolumn{1}{c}{-0.0791*} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} \\
& \multicolumn{1}{c}{} & \multicolumn{1}{c}{(0.0454)} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} \\
NumOpts & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{0.0617} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} \\
& \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{(0.0648)} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} \\
NumUnexOpts & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{-0.140***} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} \\
& \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{(0.0533)} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} \\
Dopts & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{0.0926**} & \multicolumn{1}{c}{} \\
& \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{(0.0438)} & \multicolumn{1}{c}{} \\
DoptsV\_l & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{0.0998**} \\
& \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{(0.0388)} \\
\#Analysts & \multicolumn{1}{c}{-0.000302} & \multicolumn{1}{c}{-0.000273} & \multicolumn{1}{c}{-0.000263} & \multicolumn{1}{c}{-0.000260} & \multicolumn{1}{c}{-0.000285} & \multicolumn{1}{c}{-0.000282} \\
& \multicolumn{1}{c}{(0.000189)} & \multicolumn{1}{c}{(0.000190)} & \multicolumn{1}{c}{(0.000190)} & \multicolumn{1}{c}{(0.000189)} & \multicolumn{1}{c}{(0.000189)} & \multicolumn{1}{c}{(0.000189)} \\
ROA & \multicolumn{1}{c}{185.8***} & \multicolumn{1}{c}{184.2***} & \multicolumn{1}{c}{178.9***} & \multicolumn{1}{c}{172.1***} & \multicolumn{1}{c}{182.8***} & \multicolumn{1}{c}{183.6***} \\
& \multicolumn{1}{c}{(43.86)} & \multicolumn{1}{c}{(47.52)} & \multicolumn{1}{c}{(44.21)} & \multicolumn{1}{c}{(44.38)} & \multicolumn{1}{c}{(44.22)} & \multicolumn{1}{c}{(44.07)} \\
Investment & \multicolumn{1}{c}{-0.711**} & \multicolumn{1}{c}{-0.530} & \multicolumn{1}{c}{-0.763**} & \multicolumn{1}{c}{-0.743**} & \multicolumn{1}{c}{-0.779**} & \multicolumn{1}{c}{-0.769**} \\
& \multicolumn{1}{c}{(0.352)} & \multicolumn{1}{c}{(0.374)} & \multicolumn{1}{c}{(0.353)} & \multicolumn{1}{c}{(0.360)} & \multicolumn{1}{c}{(0.353)} & \multicolumn{1}{c}{(0.353)} \\
Market-to-book & \multicolumn{1}{c}{2.637**} & \multicolumn{1}{c}{3.222***} & \multicolumn{1}{c}{2.594**} & \multicolumn{1}{c}{2.590**} & \multicolumn{1}{c}{2.639**} & \multicolumn{1}{c}{2.636**} \\
& \multicolumn{1}{c}{(1.081)} & \multicolumn{1}{c}{(1.178)} & \multicolumn{1}{c}{(1.085)} & \multicolumn{1}{c}{(1.125)} & \multicolumn{1}{c}{(1.081)} & \multicolumn{1}{c}{(1.078)} \\
Liquidity & \multicolumn{1}{c}{-1.643**} & \multicolumn{1}{c}{-1.987**} & \multicolumn{1}{c}{-1.494*} & \multicolumn{1}{c}{-1.630**} & \multicolumn{1}{c}{-1.517**} & \multicolumn{1}{c}{-1.533**} \\
& \multicolumn{1}{c}{(0.763)} & \multicolumn{1}{c}{(0.854)} & \multicolumn{1}{c}{(0.768)} & \multicolumn{1}{c}{(0.770)} & \multicolumn{1}{c}{(0.768)} & \multicolumn{1}{c}{(0.766)} \\
EPS volat & \multicolumn{1}{c}{-0.0877***} & \multicolumn{1}{c}{-0.0851***} & \multicolumn{1}{c}{-0.0868***} & \multicolumn{1}{c}{-0.0889***} & \multicolumn{1}{c}{-0.0867***} & \multicolumn{1}{c}{-0.0867***} \\
& \multicolumn{1}{c}{(0.0152)} & \multicolumn{1}{c}{(0.0160)} & \multicolumn{1}{c}{(0.0152)} & \multicolumn{1}{c}{(0.0153)} & \multicolumn{1}{c}{(0.0152)} & \multicolumn{1}{c}{(0.0152)} \\
Ret volat & \multicolumn{1}{c}{-19.22***} & \multicolumn{1}{c}{-19.63***} & \multicolumn{1}{c}{-19.38***} & \multicolumn{1}{c}{-19.65***} & \multicolumn{1}{c}{-19.18***} & \multicolumn{1}{c}{-19.17***} \\
& \multicolumn{1}{c}{(1.605)} & \multicolumn{1}{c}{(1.677)} & \multicolumn{1}{c}{(1.612)} & \multicolumn{1}{c}{(1.624)} & \multicolumn{1}{c}{(1.608)} & \multicolumn{1}{c}{(1.609)} \\
Leverage & \multicolumn{1}{c}{0.341***} & \multicolumn{1}{c}{0.368***} & \multicolumn{1}{c}{0.358***} & \multicolumn{1}{c}{0.365***} & \multicolumn{1}{c}{0.349***} & \multicolumn{1}{c}{0.350***} \\
& \multicolumn{1}{c}{(0.0797)} & \multicolumn{1}{c}{(0.0834)} & \multicolumn{1}{c}{(0.0801)} & \multicolumn{1}{c}{(0.0808)} & \multicolumn{1}{c}{(0.0799)} & \multicolumn{1}{c}{(0.0797)} \\
Constant & \multicolumn{1}{c}{0.200} & \multicolumn{1}{c}{0.377} & \multicolumn{1}{c}{0.217} & \multicolumn{1}{c}{0.350} & \multicolumn{1}{c}{0.204} & \multicolumn{1}{c}{0.196} \\
& \multicolumn{1}{c}{(0.253)} & \multicolumn{1}{c}{(0.232)} & \multicolumn{1}{c}{(0.261)} & \multicolumn{1}{c}{(0.252)} & \multicolumn{1}{c}{(0.253)} & \multicolumn{1}{c}{(0.252)} \\
& \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} & \multicolumn{1}{c}{} \\
Observations & \multicolumn{1}{c}{18,729} & \multicolumn{1}{c}{16,541} & \multicolumn{1}{c}{18,624} & \multicolumn{1}{c}{17,952} & \multicolumn{1}{c}{18,736} & \multicolumn{1}{c}{18,736} \\
Industry FE & \multicolumn{1}{c}{YES} & \multicolumn{1}{c}{YES} & \multicolumn{1}{c}{YES} & \multicolumn{1}{c}{YES} & \multicolumn{1}{c}{YES} & \multicolumn{1}{c}{YES} \\
year FE & \multicolumn{1}{c}{YES} & \multicolumn{1}{c}{YES} & \multicolumn{1}{c}{YES} & \multicolumn{1}{c}{YES} & \multicolumn{1}{c}{YES} & \multicolumn{1}{c}{YES} \\
\midrule
Robust standard errors in parentheses & & & & & & \\
*** p<0.01, ** p<0.05, * p<0.1 & & & & & & \\
\end{tabular}%
\label{tab:addlabel}%
\end{table}%
答案1
一些建议:
无论如何,立即摆脱所有这些无用的
\multicolumn{1}{c}{}
指令。大多数其他\multicolumn
包装器也不需要。\multicolumn{5}{l}{...}
对两条页脚线使用包装器。dcolumn
通过加载包及其D
列类型,将所有数字对齐到各自的小数点标记上。可选:放弃
\centering
指令并使用tabular*
环境使表格自动占据文本块的整个宽度。
\documentclass{article}
\usepackage{geometry} % set page size parameters suitably
\usepackage[T1]{fontenc}
\usepackage{booktabs,dcolumn}
\newcolumntype{d}[1]{D..{#1}} for alignment on decimal markers
\newcommand\mc[1]{\multicolumn{1}{c}{#1}} % handy shortcut macro
\newcommand\sym[1]{^{#1}}
\begin{document}
\begin{table}[p]
\caption{Add caption}
\label{tab:addlabel}
\setlength\tabcolsep{0pt} % make tabular* figure out optimal value of this param.
\begin{tabular*}{\textwidth}{@{\extracolsep{\fill}}l *{6}{d{3.7}} }
\multicolumn{4}{c}{\textbf{Validation of compensation variables}} \\
\midrule
Variables & \multicolumn{6}{c}{Forecast} \\
\cmidrule(l){2-7}
& \mc{(1)} & \mc{(2)} & \mc{(3)} & \mc{(4)} & \mc{(5)} & \mc{(6)} \\
\midrule
Lag\_F & 1.925\sym{***} & 1.872\sym{***} & 1.927\sym{***} & 1.903\sym{***} & 1.928\sym{***} & 1.929\sym{***} \\
& (0.0345) & (0.0356) & (0.0347) & (0.0348) & (0.0345) & (0.0345) \\
Opts ratio & 0.193\sym{***}\\
& (0.0463)\\
OptsVst & & -0.0791\sym{*} \\
& & (0.0454) \\
NumOpts & & & 0.0617 & & & \\
& & & (0.0648) & & & \\
NumUnexOpts & & & & -0.140\sym{***} & & \\
& & & & (0.0533) & & \\
Dopts & & & & & 0.0926\sym{**} & \\
& & & & & (0.0438) & \\
DoptsV\_l& 0.0998\sym{**} \\
& (0.0388) \\
\#Analysts & -0.000302 & -0.000273 & -0.000263 & -0.000260 & -0.000285 & -0.000282 \\
& (0.000189) & (0.000190) & (0.000190) & (0.000189) & (0.000189) & (0.000189) \\
ROA & 185.8\sym{***} & 184.2\sym{***} & 178.9\sym{***} & 172.1\sym{***} & 182.8\sym{***} & 183.6\sym{***} \\
& (43.86) & (47.52) & (44.21) & (44.38) & (44.22) & (44.07) \\
Investment & -0.711\sym{**} & -0.530 & -0.763\sym{**} & -0.743\sym{**} & -0.779\sym{**} & -0.769\sym{**} \\
& (0.352) & (0.374) & (0.353) & (0.360) & (0.353) & (0.353) \\
Market-to-book & 2.637\sym{**} & 3.222\sym{***} & 2.594\sym{**} & 2.590\sym{**} & 2.639\sym{**} & 2.636\sym{**} \\
& (1.081) & (1.178) & (1.085) & (1.125) & (1.081) & (1.078) \\
Liquidity & -1.643\sym{**} & -1.987\sym{**} & -1.494\sym{*} & -1.630\sym{**} & -1.517\sym{**} & -1.533\sym{**} \\
& (0.763) & (0.854) & (0.768) & (0.770) & (0.768) & (0.766) \\
EPS volat & -0.0877\sym{***} & -0.0851\sym{***} & -0.0868\sym{***} & -0.0889\sym{***} & -0.0867\sym{***} & -0.0867\sym{***} \\
& (0.0152) & (0.0160) & (0.0152) & (0.0153) & (0.0152) & (0.0152) \\
Ret volat & -19.22\sym{***} & -19.63\sym{***} & -19.38\sym{***} & -19.65\sym{***} & -19.18\sym{***} & -19.17\sym{***} \\
& (1.605) & (1.677) & (1.612) & (1.624) & (1.608) & (1.609) \\
Leverage & 0.341\sym{***} & 0.368\sym{***} & 0.358\sym{***} & 0.365\sym{***} & 0.349\sym{***} & 0.350\sym{***} \\
& (0.0797) & (0.0834) & (0.0801) & (0.0808) & (0.0799) & (0.0797) \\
Constant & 0.200 & 0.377 & 0.217 & 0.350 & 0.204 & 0.196 \\
& (0.253) & (0.232) & (0.261) & (0.252) & (0.253) & (0.252) \\
\addlinespace
Observations & \mc{18,729} & \mc{16,541} & \mc{18,624} & \mc{17,952} & \mc{18,736} & \mc{18,736} \\
Industry FE & \mc{YES} & \mc{YES} & \mc{YES} & \mc{YES} & \mc{YES} & \mc{YES} \\
Year FE & \mc{YES} & \mc{YES} & \mc{YES} & \mc{YES} & \mc{YES} & \mc{YES} \\
\midrule
\multicolumn{5}{l}{Robust standard errors in parentheses} \\
\multicolumn{5}{l}{$\sym{***}\ p<0.01$; $\sym{**}\ p<0.05$; $\sym{*}\ p<0.1$} \\
\end{tabular*}
\end{table}
\end{document}
答案2
众所周知,该excel2latex
实用程序会生成丑陋的表格,\multicolumn
到处添加无用的命令。
下面我将一些数据缩减为 1.4 格式以节省空间。使用\footnotesize
和略微减少,\tabcolsep
表格适合于 的边距article
;您的里程可能会有所不同,因此请先尝试自然大小,然后\small
或,通过查看最终的满量并将其除以 12 来\footnotesize
调整 中的值。\addtolength
\documentclass{article}
\usepackage{siunitx,booktabs}
\begin{document}
\begin{table}[htbp]
\centering
\caption{Validation of compensation variables}
\label{tab:addlabel}
\NewDocumentCommand{\NM}{m}{\makebox[0pt][l]{\textsuperscript{#1}}}
\sisetup{
input-open-uncertainty = ,
input-close-uncertainty = ,
table-align-text-pre = false,
table-align-text-post = false,
table-space-text-pre = (,
table-space-text-post = ),
table-format=-1.4,
}
\footnotesize
\addtolength{\tabcolsep}{-2.3pt}
\begin{tabular}{@{} l *{6}{S} }
\toprule
Variables & \multicolumn{6}{c}{Forecast} \\
\cmidrule{2-7}
& {(1)} & {(2)} & {(3)} & {(4)} & {(5)} & {(6)} \\
\midrule
Lag\_F & 1.925\NM{***} & 1.872\NM{***} & 1.927\NM{***} & 1.903\NM{***} & 1.928\NM{***} & 1.929\NM{***} \\
& (0.0345) & (0.0356) & (0.0347) & (0.0348) & (0.0345) & (0.0345) \\
\addlinespace
Opts ratio & 0.193\NM{***} & & & & & \\
& (0.0463) & & & & & \\
\addlinespace
OptsVst & & -0.0791\NM{*} & & & & \\
& & (0.0454) & & & & \\
\addlinespace
NumOpts & & & 0.0617 & & & \\
& & & (0.0648) & & & \\
\addlinespace
NumUnexOpts & & & & -0.140\NM{***} & & \\
& & & & (0.0533) & & \\
\addlinespace
Dopts & & & & & 0.0926\NM{**} & \\
& & & & & (0.0438) & \\
\addlinespace
DoptsV\_l & & & & & & 0.0998\NM{**} \\
& & & & & & (0.0388) \\
\addlinespace
\#Analysts (${}\times10^3$) & -0.302 & -0.273 & -0.263 & -0.260 & -0.285 & -0.282 \\
& (0.189) & (0.190) & (0.190) & (0.189) & (0.189) & (0.189) \\
\addlinespace
ROA (${}\times10^{-2}$) & 1.858\NM{***} & 1.842\NM{***} & 1.789\NM{***} & 1.721\NM{***} & 1.828\NM{***} & 1.836\NM{***} \\
& (0.4386) & (0.4752) & (0.4421) & (0.4438) & (0.4422) & (0.4407) \\
\addlinespace
Investment & -0.711\NM{**} & -0.530 & -0.763\NM{**} & -0.743\NM{**} & -0.779\NM{**} & -0.769\NM{**} \\
& (0.352) & (0.374) & (0.353) & (0.360) & (0.353) & (0.353) \\
\addlinespace
Market-to-book & 2.637\NM{**} & 3.222\NM{***} & 2.594\NM{**} & 2.590\NM{**} & 2.639\NM{**} & 2.636\NM{**} \\
& (1.081) & (1.178) & (1.085) & (1.125) & (1.081) & (1.078) \\
\addlinespace
Liquidity & -1.643\NM{**} & -1.987\NM{**} & -1.494\NM{*} & -1.630\NM{**} & -1.517\NM{**} & -1.533\NM{**} \\
& (0.763) & (0.854) & (0.768) & (0.770) & (0.768) & (0.766) \\
\addlinespace
EPS volat & -0.0877\NM{***} & -0.0851\NM{***} & -0.0868\NM{***} & -0.0889\NM{***} & -0.0867\NM{***} & -0.0867\NM{***} \\
& (0.0152) & (0.0160) & (0.0152) & (0.0153) & (0.0152) & (0.0152) \\
\addlinespace
Ret volat (${}\times10^{-1}$) & -1.922\NM{***} & -1.963\NM{***} & -1.938\NM{***} & -1.965\NM{***} & -1.918\NM{***} & -1.917\NM{***} \\
& (0.1605) & (0.1677) & (0.1612) & (0.1624) & (0.1608) & (0.1609) \\
\addlinespace
Leverage & 0.341\NM{***} & 0.368\NM{***} & 0.358\NM{***} & 0.365\NM{***} & 0.349\NM{***} & 0.350\NM{***} \\
& (0.0797) & (0.0834) & (0.0801) & (0.0808) & (0.0799) & (0.0797) \\
\addlinespace
Constant & 0.200 & 0.377 & 0.217 & 0.350 & 0.204 & 0.196 \\
& (0.253) & (0.232) & (0.261) & (0.252) & (0.253) & (0.252) \\
\midrule
Observations & \num{18729} & \num{16541} & \num{18624} & \num{17952} & \num{18736} & \num{18736} \\
Industry FE & {YES} & {YES} & {YES} & {YES} & {YES} & {YES} \\
year FE & {YES} & {YES} & {YES} & {YES} & {YES} & {YES} \\
\midrule[\heavyrulewidth]
\multicolumn{7}{@{}l}{Robust standard errors in parentheses,
\textsuperscript{***} $p<0.01$, \textsuperscript{**} $p<0.05$, \textsuperscript{*} $p<0.1$} \\
\end{tabular}
\end{table}
\end{document}
答案3
有一些改进的变体,使用siunitx
和makecell
:
\documentclass{article}
\usepackage[utf8]{inputenc}
\usepackage[T1]{fontenc}
\usepackage[a4paper, showframe]{geometry}
\usepackage{threeparttable, makecell, booktabs, caption}
\usepackage{siunitx}
\begin{document}
\begin{table}[htbp]
\centering\sisetup{table-format=-2.4, table-number-alignment = center, table-space-text-post = ***, table-align-text-post = false, table-space-text-pre =(, table-align-text-pre = false}
\setlength{\tabcolsep}{1.8pt}
\small\renewcommand{\cellset}{\normalsize}
\caption{Add caption}
\begin{tabular}{>{\small}l*{6}{S}}
\multicolumn{7}{>{\normalsize}l}{\textbf{Validation of compensation variables}} \\
\midrule[\heavyrulewidth]
VARIABLES & {\makecell{(1) \\Forecast}} & {\makecell{(2)\\Forecast}} & {\makecell{(3)\\Forecast}} & {\makecell{(4)\\Forecast}} & {\makecell{(5)\\Forecast}} & {\makecell{(6)\\Forecast}} \\
\midrule
Lag\_F & 1.925*** & 1.872*** & 1.927*** & 1.903*** & 1.928*** & 1.929*** \\
& {(0.0345) } & {(0.0356)} & {(0.0347)} & {(0.0348)} & {(0.0345)} & {(0.0345)} \\
\addlinespace
Opts ratio & 0.193*** \\
& {(0.0463)} \\
OptsVst & & -0.0791* \\
& & {(0.0454)} \\
NumOpts & & & 0.0617 \\
& & & {(0.0648)} \\
NumUnexOpts & & & & -0.140*** \\
& & & & {(0.0533)} \\
Dopts & & & & & 0.0926** \\
& & & & & {(0.0438)} \\
DoptsV\_l & & & & & & 0.0998** \\
& & & & & & {(0.0388)} \\
\addlinespace
\#Analysts & -0.000302 & -0.000273 & -0.000263 & -0.000260 & -0.000285 & -0.000282 \\
& {(}0.000189{)} & {(}0.000190{)} & {(}0.000190{)} & {(}0.000189{)} & {(}0.000189{)} & {(}0.000189{)} \\
\addlinespace
ROA & 185.8*** & 184.2*** & 178.9*** & 172.1*** & 182.8*** & 183.6*** \\
& {(}43.86{)} & {(}47.52{)} & {(}44.21{)} & {(}44.38{)} & {(}44.22{)} & {(}44.07{)} \\
\addlinespace
Investment & -0.711** & -0.530 & -0.763** & -0.743** & -0.779** & -0.769** \\
& {(}0.352{)} & {(}0.374{)} & {(}0.353{)} & {(}0.360{)} & {(}0.353{)} & {(}0.353{)} \\
\addlinespace
Market-to-book & 2.637** & 3.222*** & 2.594** & 2.590** & 2.639** & 2.636** \\
& {(}1.081{)} & {(}1.178{)} & {(}1.085{)} & {(}1.125{)} & {(}1.081{)} & {(}1.078{)} \\
\addlinespace
Liquidity & -1.643** & -1.987** & -1.494* & -1.630** & -1.517** & -1.533** \\
& {(}0.763{)} & {(}0.854{)} & {(}0.768{)} & {(}0.770{)} & {(}0.768{)} & {(}0.766{)} \\
\addlinespace
EPS volat & -0.0877*** & -0.0851*** & -0.0868*** & -0.0889*** & -0.0867*** & -0.0867*** \\
& {(}0.0152{)} & {(}0.0160{)} & {(}0.0152{)} & {(}0.0153{)} & {(}0.0152{)} & {(}0.0152{)} \\
\addlinespace
Ret volat & -19.22*** & -19.63*** & -19.38*** & -19.65*** & -19.18*** & -19.17*** \\
& {(}1.605{)} & {(}1.677{)} & {(}1.612{)} & {(}1.624{)} & {(}1.608{)} & {(}1.609{)} \\
\addlinespace
Leverage & 0.341*** & 0.368*** & 0.358*** & 0.365*** & 0.349*** & 0.350*** \\
& {(}0.0797{)} & {(}0.0834{)} & {(}0.0801{)} & {(}0.0808{)} & {(}0.0799{)} & {(}0.0797{)} \\
\addlinespace
Constant & 0.200 & 0.377 & 0.217 & 0.350 & 0.204 & 0.196 \\
& {(}0.253{)} & {(}0.232{)} & {(}0.261{)} & {(}0.252{)} & {(}0.253{)} & {(}0.252{)} \\
\addlinespace
Observations & 18,729 & 16,541 & 18,624 & 17,952 & 18,736 & 18,736 \\
\addlinespace
Industry FE & {YES} & {YES} & {YES} & {YES} & {YES} & {YES} \\
year FE & {YES} & {YES} & {YES} & {YES} & {YES} & {YES} \\
\midrule[\heavyrulewidth]
\addlinespace
\multicolumn{7}{@{}l}{ Robust standard errors in parentheses} \\
\multicolumn{7}{l}{*** p<0.01, ** p<0.05, * p<0.1} \\
\end{tabular}%
\label{tab:addlabel}%
\end{table}%
\end{document}