Table 15 Further analysis: Governance mechanism of green common ownership.
From: The impact of common institutional ownership on green innovation of China’s energy firms
Dependent variables | (1) | (2) | (3) | (4) | (5) | (6) |
|---|---|---|---|---|---|---|
EP_ratio | EP_ratio | EP_ratio | Greenpat | Greenpat | Greenpat | |
L.GreenCoz1 | 0.034** | 0.480*** | ||||
(2.51) | (3.45) | |||||
L.GreenCoz2 | 0.039** | 0.726*** | ||||
(2.23) | (3.81) | |||||
L.GreenCoz3 | 0.030 | 0.926*** | ||||
(1.14) | (2.85) | |||||
L.EP_ratio | 1.002*** | 1.002*** | 1.015*** | |||
(8.27) | (8.28) | (8.37) | ||||
Controls | Yes | Yes | Yes | Yes | Yes | Yes |
Industry FE | Yes | Yes | Yes | Yes | Yes | Yes |
Year FE | Yes | Yes | Yes | Yes | Yes | Yes |
N | 2924 | 2924 | 2924 | 2924 | 2924 | 2924 |
Adj_R² | 0.121 | 0.120 | 0.120 | 0.339 | 0.340 | 0.337 |
