Table 10 Robustness tests: alternative tests of CSR.
Variables | (1) GSCE | (2) GSCE |
|---|---|---|
CSR1 | 0.0793** (2.17) | 0.0853*** (3.62) |
Area | 0.953*** (3.93) | |
Size | 0.093*** (4.12) | |
Roa | 0.041*** (5.08) | |
Soe | 0.375*** (6.01) | |
Age | −0.063*** (−4.97) | |
Constant | −0.462*** (−5.82) | −0.513*** (−4.21) |
Company FE | Yes | Yes |
Industry FE | Yes | Yes |
Year FE | Yes | Yes |
N | 6105 | 6105 |
Adj_R2 | 0.286 | 0.381 |