Table 11 Heterogeneity analysis: Heterogeneity of property rights.
From: The impact of common institutional ownership on green innovation of China’s energy firms
Dependent variables | (1) | (2) | (3) | (4) | (5) | (6) |
|---|---|---|---|---|---|---|
SOEs | Non-SOEs | SOEs | Non-SOEs | SOEs | Non-SOEs | |
L.Coz1 | 0.549*** | 0.960*** | ||||
(6.16) | (4.43) | |||||
L.Coz2 | 0.631*** | 1.294*** | ||||
(6.36) | (5.04) | |||||
L.Coz3 | 0.820*** | 5.796*** | ||||
(5.38) | (5.17) | |||||
Controls | Yes | Yes | Yes | Yes | Yes | Yes |
Year FE | Yes | Yes | Yes | Yes | Yes | Yes |
Industry FE | Yes | Yes | Yes | Yes | Yes | Yes |
N | 1333 | 1591 | 1333 | 1591 | 1333 | 1591 |
Adj_R² | 0.365 | 0.317 | 0.367 | 0.319 | 0.359 | 0.320 |
P-value | 0.000** | 0.000*** | 0.000*** | |||
