Table 10 Regression results for firms with different types.

From: ESG performance, digital transformation, and green innovation

 

(1)

(2)

(3)

(4)

 

SOEs

Non-SOEs

GEM

Non-GEM

 

ESG

ESG

ESG

ESG

GI

0.473***

0.145

0.222

0.294***

 

(2.850)

(1.328)

(1.185)

(2.794)

DT

0.500**

0.438***

0.478*

0.413***

 

(2.040)

(2.729)

(1.821)

(2.640)

Controls

Yes

Yes

Yes

Yes

Company FE

Yes

Yes

Yes

Yes

Year FE

Yes

Yes

Yes

Yes

_cons

41.977***

39.211***

42.254***

40.780***

 

(4.058)

(6.555)

(5.107)

(6.280)

N

1818

4694

1739

4773

R2

0.156

0.066

0.094

0.076

F

9.294

9.022

5.087

10.768

  1. t-statistic provided in parentheses.
  2. ***,**,*Indicate that regression coefficient is significant at the 1%, 5%, and 10% levels, respectively.