4.4. Model specification We estimate the following ordinary least squares (OLS) regression model for our main analysis, extending Hail and Leuz (2006, 2009), Chen et al. (2011a, 2011b) and Ben-Nasr et al. (2012):
4.4. Model specificationWe estimate the following ordinary least squares (OLS) regression model for our main analysis, extendingHail and Leuz (2006, 2009), Chen et al. (2011a, 2011b) and Ben-Nasr et al. (2012):