Table 18 Further analysis: Heterogeneity of property rights.
From: The impact of common institutional ownership on green innovation of China’s energy firms
Dependent variables | (1) | (2) | (3) | (4) | (5) | (6) |
|---|---|---|---|---|---|---|
SOEs | Non-SOEs | SOEs | Non-SOEs | SOEs | Non-SOEs | |
L.GreenCoz1 | 0.461*** | 3.147*** | ||||
(3.68) | (9.95) | |||||
L.GreenCoz2 | 0.693*** | 4.473*** | ||||
(4.03) | (10.39) | |||||
L.GreenCoz3 | 0.916*** | 27.051*** | ||||
(2.90) | (8.63) | |||||
Controls | Yes | Yes | Yes | Yes | Yes | Yes |
Year FE | Yes | Yes | Yes | Yes | Yes | Yes |
Industry FE | Yes | Yes | Yes | Yes | Yes | Yes |
N | 1333 | 1591 | 1333 | 1591 | 1333 | 1591 |
Adj_R² | 0.351 | 0.315 | 0.353 | 0.320 | 0.348 | 0.319 |
P-value | 0.060* | 0.042** | 0.088* | |||