Table 9 Constraining factors analysis.
From: Environmental vertical management reform and firms’ ESG performance: evidence from China
(1) | (2) | (3) | (4) | |
|---|---|---|---|---|
ESG | ESG | ESG | ESG | |
Vertical | 0.211*** | 0.131*** | 0.104*** | 0.096*** |
(0.072) | (0.035) | (0.028) | (0.027) | |
Eco_prov*Vertical | −0.001** | |||
(0.001) | ||||
DepenPollu*Vertical | −0.001** | |||
(0.000) | ||||
GDPhigh_dum*Vertical | −0.090** | |||
(0.038) | ||||
ContriPollu*Vertical | −0.071* | |||
(0.039) | ||||
Controls | YES | YES | YES | YES |
Firm/Year/Industry FE | YES | YES | YES | YES |
N | 32424 | 32424 | 32424 | 32424 |
Adj.R2 | 0.466 | 0.466 | 0.466 | 0.466 |
