	(1)	(2)	(3)	(4)	(5)	(6)
VARIABLES	compensation	Operate_cost_ratio	Sales_cost_ratio	Overhead_ratio	Finance_cost_ratio	Sales_period_ratio
						
exposu_post	36.15***	-0.0738***	-0.0219***	-0.370	-0.0606	-0.455
	(7.188)	(0.0201)	(0.00432)	(0.350)	(0.0662)	(0.416)
Constant	26.39***	0.971***	0.0648***	0.481***	0.0429***	0.590***
	(2.146)	(0.00251)	(0.000540)	(0.0429)	(0.00812)	(0.0510)
						
Observations	15,754	15,033	15,033	14,697	14,697	14,697
R-squared	0.971	0.893	0.958	0.999	0.988	0.998
Firm FE	Yes	Yes	Yes	Yes	Yes	Yes
Month FE	Yes	Yes	Yes	Yes	Yes	Yes
Robust standard errors in parentheses						
*** p<0.01, ** p<0.05, * p<0.1						
