Table 4 The results of additional robustness checks.
From: Big data and firm greenwashing: evidence from China’s national big data comprehensive pilot zone
PSM | EBM | Re-measurement of greenwashing | Exclusion of computer-related firms | |
|---|---|---|---|---|
Variables | (1) GW | (2) GW | (3) GW | (4) GW |
Post×Treat | −0.8715*** | −0.8212*** | −0.7182** | −0.8239*** |
(0.3192) | (0.3047) | (0.3044) | (0.2972) | |
Controls | Yes | Yes | Yes | Yes |
Firm/Year/Industry×Year /Province×Year | Yes | Yes | Yes | Yes |
N | 7923 | 10,509 | 10,509 | 9600 |
Adj. R2 | 0.5150 | 0.5211 | 0.4795 | 0.5027 |
