Table 6 Different subsamples.

From: Environmental judicial reform and corporate greenwashing: evidence from China’s environmental public interest litigation pilot

 

Municipalities excluded

Municipalities, PC, SEZ excluded

 

GW_DIFF

GW_DIFF

 

(1)

(2)

DID

−0.254***

−0.271***

 

(−2.732)

(−2.659)

Controls

Yes

Yes

Firm FE

Yes

Yes

Year FE

Yes

Yes

City FE

Yes

Yes

N

8919

4830

Adj.R2

0.394

0.379

  1. This table reports the results of robustness tests using different subsamples. In column (1), firms registered in municipalities are excluded from the sample. In column (2), samples belonging to municipalities, provincial capitals and special economic zones are excluded. Figures in parentheses are t-statistics. ***, **, and * denote statistical significance at the 1%, 5%, and 10% levels, respectively. Standard errors are clustered at the city level.
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