Table 9 Economic consequences test.
From: Extreme weather, IT investment, and corporate sustainability
Variables | TQ | TQ |
|---|---|---|
CPRI | 0.00874** | 0.00847** |
(2.19056) | (2.12682) | |
IT | 0.00655* | |
(1.89364) | ||
Lnsize | −0.55702*** | −0.53937*** |
(−6.50564) | (−6.13004) | |
Cflow | 1.49837*** | 1.48893*** |
(2.81751) | (2.80138) | |
Lnnumber | −0.06082 | −0.07678 |
(−1.04761) | (−1.32383) | |
Growth | 0.00019 | 0.00021 |
(0.70303) | (0.74852) | |
Age | 0.03459*** | 0.03373*** |
(3.93653) | (3.81493) | |
Lev | 0.16396 | 0.14843 |
(0.47735) | (0.42844) | |
Capital | −0.00650 | −0.00649 |
(−0.73522) | (−0.73456) | |
Labor | 0.32171 | 0.32581 |
(1.43622) | (1.45689) | |
Top10 | −0.54830*** | −0.55417*** |
(−3.32002) | (−3.38179) | |
Ind/City/Year | YES | YES |
Observations | 20,224 | 20,224 |
R-squared | 0.20297 | 0.20388 |
