Table 10  Continued decreasing public health threats and accumulative abnormal return.
CAR [−1, 1]  CAR [−2, 2]
(A)  (B)
CDPHT  0.003 ***  0.004 ***
(6.511)  (7.598)
PRO_CASE  0.001 ***  0.001 ***
(3.443)  (4.318)
SIZE  −0.000  −0.000
(−0.589)  (−0.980)
ROA  −0.000  −0.000
(−0.987)  (−1.197)
CURR  −0.000 ***  −0.000 ***
(−3.661)  (−4.754)
R&D  0.000 **  0.000 ***
(2.519)  (3.122)
LOSS  −0.001  −0.001 *
(−1.549)  (−1.902)
LEV  −0.000  −0.000
(−1.011)  (−1.132)
OPCF  −0.004 ***  −0.008 ***
(−4.125)  (−5.550)
TURN  0.000  0.000
(0.869)  (1.136)
CEO_AGE  0.000  0.000
(0.132)  (0.076)
CEO_COM  0.000  0.000
(0.239)  (0.300)
CEO_TEN  0.000 ***  0.000 ***
(2.739)  (3.553)
CEO_DUA  −0.000  −0.001
(−1.248)  (−1.570)
Constant  0.002  0.003
(0.463)  (0.626)
Week FE  Yes  Yes
Industry FE  Yes  Yes
Province FE  Yes  Yes
Adjusted R2  0.003  0.005
Observations  178,805  178,805
Note: *, **, *** indicate significance at the 0.10, 0.05, and 0.01 levels, respectively. See Appendix A for definitions and measurements of the variables.