Statistical Evidence for Asymmetric Fund Burden on Cable SO Operators
Panel Data Analysis (90 SO firms, 2017-2024): Cox PH, Logit, Gini, and Nonparametric Tests
Panel analysis of 90 cable SO firms over 8 years (N=724) reveals that fund burden significantly accelerates capital erosion (Cox HR=3.9, p=0.020), SO bears 3.8x higher effective burden than IPTV (Welch p=0.003), and the burden Gini reaches 0.513 (extreme inequality).