Table 2 DID baseline analysis.
From: Environmental tax law and greenwashing: the moderating role of digitization
Dependent variable: GW | (1) | (2) |
|---|---|---|
Treati*Postt | −0.024*** | −0.021*** |
(0.001) | (0.004) | |
Size | −0.018*** (0.003) | |
Fix | 0.031 (0.340) | |
Inv | 0.056 (0.163) | |
Roe | 0.003 | |
(0.903) | ||
Cash | 0.054 | |
(0.122) | ||
Lev | 0.076*** (0.003) | |
Loss | 0.009 | |
(0.285) | ||
Growth | 0.010** | |
(0.025) | ||
Age | 0.048 | |
(0.413) | ||
Indep | −0.162*** | |
(0.003) | ||
Top 1 | −0.015 | |
(0.699) | ||
Firm FEs | Yes | Yes |
Year FEs | Yes | Yes |
City FEs | Yes | Yes |
_Cons | −0.159*** | 0.131 |
(0.000) | (0.540) | |
N | 6607 | 6607 |
adj. R2 | 0.495 | 0.498 |
