# Table 5 Influence of restructure duration on organizational welfare practices

Independent variable Model 13 Model 14 Model 15 Model 16
Per-capita welfare investment Dining hall Clinic Childcare facility
Restructure duration (year) − .259** (.126) .144 (.104) − .109* (.066) − .153 (.111)
Log of profit (in 10,000 RMB) − 2.608 (2.216) 4.201 (2.911) .254 (1.497) − 1.350 (1.419)
Average wage .004*** (.001) .000 (.001) − .001 (.000) − .001 (.000)
Log of number of employees .659 (.433) −.570* (.326) 1.122*** (.281) 1.691*** (.539)
Customers’ demand for labor protection 1.113 (.991) 1.175 (.717) − .098 (.533) − .421 (.888)
Annual frequency of government inspection − .069 (.234) .242 (.298) − .177 (.251) − 1.142* (.642)
CEO’s political participation − .013 (.946) .478 (.633) − .301 (.510) − .235 (1.008)
CEO’s education − .923** (.429) .370 (.304) .097 (.219) .685 (.488)
Constant 24.661 (2.3818) − 45.618 (32.251) − 9.572 (16.447) 4.344 (14.598)
LR test 3.00** 6.54*** 0.01 0.01
1. N = 137
2. Standard deviations are in parentheses
3. LR test compares with nonlayered regression
4. Restructured SOEs are the reference group
5. *p < 0.1; **p < 0.05; ***p < 0.01