S4 reproducibility audit checklist
==================================

Environment tested
------------------
Stata 16 MP for macOS
Executable used:
/Applications/Stata/StataMP.app/Contents/MacOS/stata-mp

Run command
-----------
Open Stata in the folder containing this package and run:

    do S4_Analysis_Code.do

Input and outputs
-----------------
Input:
    S1_Dataset_SME_LSC_anonymized.xlsx (sheet "analysis_data")

Outputs:
    S4_Reproduced_Tables.xlsx
    S4_Analysis_Code.log

Verified checks
---------------
1. Imported 718 observations and 45 analysis variables.
2. All variable-range assertions passed.
3. The do-file completed without a Stata r(...) error.
4. Tables 1-9 are exported in manuscript order and with manuscript row order.
5. A second run in a clean directory produced byte-equivalent extracted table
   values for all nine tables.
6. All nine exported tables were reconciled cell-by-cell against Tables 1-9
   in the manuscript.
7. Multicollinearity diagnostic reproduced: maximum VIF = 1.07, mean VIF =
   1.03, consistent with the Table 6 note.
8. Significance markers are attached only to coefficient or AME values;
   Table 6-8 p-value fields contain numeric p-values without stars.

Verified values
---------------
Table 1:
    Region 174/147/130/78/62/68/59
    Industry 255/271/192
    Firm size 138/276/304
    Registered capital 465/253
    Lifecycle 241/303/174

Table 3:
    KMO = 0.912
    Bartlett chi2(253) = 4240.14
    Factors with eigenvalue > 1 = 4
    First principal component = 26.94%
    Cumulative rotated variance = 46.421%

Table 4:
    LSC mean = 0.588
    EXTERNAL_CAP mean = 0.536
    MIMETIC mean = 3.680
    ITCAP mean = 0.581

Table 5:
    Diagonal = 1.00 with no significance markers
    Maximum absolute correlation = 0.21

Table 6:
    LR chi2(6) = 54.42
    Cox & Snell R2 = 0.073
    Nagelkerke R2 = 0.098
    Correctly classified = 445/718 = 61.98%, reported as 62.0%

Table 7:
    Stage Nagelkerke R2 = 0.075 / 0.110 / 0.088

Table 8:
    McFadden R2 = 0.056
    LR chi2(6) = 54.48
    LogL = -459.33
    AIC = 932.66

Table 9:
    Lower-registered-capital n = 465
    Nagelkerke R2 = 0.147