Table 10 The mechanism analysis: Information advantage mechanism.
From: The impact of common institutional ownership on green innovation of China’s energy firms
Dependent variables | (1) | (2) | (3) | (4) | (5) | (6) |
|---|---|---|---|---|---|---|
BloombergE | BloombergE | BloombergE | Greenpat | Greenpat | Greenpat | |
L.Coz1 | 7.826*** | 0.575*** | ||||
(9.81) | (5.95) | |||||
L.Coz2 | 9.484*** | 0.615*** | ||||
(11.59) | (5.70) | |||||
L.Coz3 | 10.621*** | 0.675*** | ||||
(8.18) | (4.14) | |||||
L. BloombergE | 0.019*** | 0.019*** | 0.021*** | |||
(6.15) | (5.97) | (6.87) | ||||
Controls | Yes | Yes | Yes | Yes | Yes | Yes |
Industry FE | Yes | Yes | Yes | Yes | Yes | Yes |
Year FE | Yes | Yes | Yes | Yes | Yes | Yes |
N | 1510 | 1510 | 1510 | 1467 | 1467 | 1467 |
Adj_R² | 0.358 | 0.366 | 0.339 | 0.390 | 0.389 | 0.380 |