Table 19 Further analysis: Heterogeneity of industry pollution levels.
From: The impact of common institutional ownership on green innovation of China’s energy firms
Dependent variables | (1) | (2) | (3) | (4) | (5) | (6) |
|---|---|---|---|---|---|---|
Heavy-polluting | Non-heavy-polluting | Heavy-polluting | Non-heavy-polluting | Heavy-polluting | Non-heavy-polluting | |
L.GreenCoz1 | 0.398*** | 2.191*** | ||||
(3.15) | (4.84) | |||||
L.GreenCoz2 | 0.633*** | 3.162*** | ||||
(3.55) | (4.84) | |||||
L.GreenCoz3 | 0.728** | 9.955*** | ||||
(2.33) | (6.64) | |||||
Controls | Yes | Yes | Yes | Yes | Yes | Yes |
Year FE | Yes | Yes | Yes | Yes | Yes | Yes |
Industry FE | Yes | Yes | Yes | Yes | Yes | Yes |
N | 1536 | 1388 | 1536 | 1388 | 1536 | 1388 |
Adj_R² | 0.362 | 0.363 | 0.364 | 0.363 | 0.360 | 0.356 |
P-value | 0.000*** | 0.000*** | 0.000*** | |||
