Table 11 The heterogeneity of green development.
Variable | \(RESILIENCE\) | |
|---|---|---|
High | Low | |
(1) | (2) | |
\(TREAT\times POST\) | 0.0426 (2.66) | 0.0133 (2.52) |
\(SIZE\) | 0.0108 (2.81) | 0.0015 (0.35) |
\(AGE\) | 0.0283 (0.82) | 0.0335 (1.40) |
\(LEV\) | −0.0041 (−0.68) | −0.0210 (−1.55) |
\(ROA\) | 0.0292 (1.08) | 0.0078 (0.52) |
\(BOARD\) | 0.0156 (1.78) | 0.0019 (0.23) |
\(TOP1\) | −0.0379 (−1.07) | −0.0046 (−0.24) |
\(BM\) | 0.0636 (3.47) | 0.0341 (3.50) |
\(FIXED\) | 0.0102 (0.93) | 0.0108 (1.36) |
Firm FE | Yes | Yes |
Year FE | Yes | Yes |
Obs | 411 | 426 |
Adj R2 | 0.4536 | 0.3878 |
