Table 9 The mechanism analysis: Resource integration mechanism.

From: The impact of common institutional ownership on green innovation of China’s energy firms

Dependent variables

(1)

(2)

(3)

(4)

(5)

(6)

Greencoll

Greencoll

Greencoll

Greenpat

Greenpat

Greenpat

L.Coz1

0.694***

  

0.294***

  
 

(9.79)

  

(3.87)

  

L.Coz2

 

0.829***

  

0.336***

 
  

(10.32)

  

(4.01)

 

L.Coz3

  

1.167***

  

0.339***

   

(8.41)

  

(2.68)

L.Greencoll

   

0.557***

0.555***

0.567***

    

(23.74)

(23.54)

(24.19)

Controls

Yes

Yes

Yes

Yes

Yes

Yes

Industry FE

Yes

Yes

Yes

Yes

Yes

Yes

Year FE

Yes

Yes

Yes

Yes

Yes

Yes

N

2712

2712

2712

2712

2712

2712

Adj_R²

0.240

0.245

0.233

0.455

0.455

0.452

  1. *, **, *** indicate that the parameters are significant at the 10%, 5%, and 1% levels, respectively. t statistics in parentheses.