Table 9 Robustness test: Restricting the firm fixed effects.

From: ESG and green innovation: nonlinear moderation of public attention

VARS

(1)

(2)

(3)

Green

Green

Green

ESG

0.0825***

0.0455

0.254***

(0.0109)

(0.0569)

(0.0869)

Public

 

0.0246

0.0298

 

(0.0515)

(0.0514)

ESGPublic

 

0.00716

0.0849***

 

(0.0119)

(0.0313)

ESGPublic2

  

−0.0098***

  

(0.0031)

Constant

−2.634***

−2.578***

−2.664***

(0.378)

(0.445)

(0.444)

Observations

2668

2668

2668

R-squared

0.165

0.173

0.177

Controls

Yes

Yes

Yes

Firm

Yes

Yes

Yes

Year

Yes

Yes

Yes

  1. ***p  < 0.01, **p < 0.05, *p < 0.1. Robust standard errors in parentheses.