Table 4 Parallel trend test.
From: Environmental vertical management reform and firms’ ESG performance: evidence from China
ESG | |
|---|---|
pre5 | 0.035 (0.41) |
pre4 | 0.032 (0.46) |
pre3 | 0.014 (0.23) |
pre2 | 0.050 (1.16) |
pre1 | 0.037 (1.39) |
post1 | 0.068** (2.51) |
post2 | 0.142*** (3.03) |
post3 | 0.128* (1.94) |
post4 | 0.122 |
(1.42) | |
post5 | 0.152 |
(1.15) | |
Controls | Yes |
Firm/Year/Industry FE | Yes |