Table 6 Mechanism: Environmental publicity, R&D manipulation, and green innovation.

From: Corporate environmental publicity and green innovation: are words consistent with actions?

Variable

(1)

(2)

(3)

(4)

RDM

GTI-T

GTI-I

GTI-U

CEP

0.0088*** (0.0033)

   

\({\Delta }\overline{{RDM}}\)

 

1.0926* (0.6023)

0.0369 (0.4219)

1.2888** (0.5605)

CVs

Yes

Yes

Yes

Yes

Year FE

Yes

Yes

Yes

Yes

Firm FE

Yes

Yes

Yes

Yes

N

18963

18963

18963

18963

R2

0.360

0.724

0.631

0.668

  1. ***, **, and * suggest statistical significance at the 1%, 5%, and 10% levels, respectively. The robust standard error of each coefficient is shown in parentheses.