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

  1. *, **, *** indicate that the parameters are significant at the 10%, 5%, and 1% levels, respectively. t statistics in parentheses.