POV

使用工具变量

模型(5)

POV

和讯社会责任指标

模型(6)

POV

添加控制变量

模型(7)

Csr

0.0527^***

(0.00847)

Csr₋₁

0.0746^***

(0.0130)

Csr_hx

1.113^***

(0.234)

Media

0.450^***

(0.0767)

0.469^***

(0.0578)

0.421^***

(0.0587)

Csr × Media

−0.0408^**

(0.0131)

Csr₋₁ × Media

−0.0476^*

(0.0187)

Csr_hx × Media

−0.771^*

(0.347)

ROA

0.894^*

(0.432)

0.753

(0.413)

0.828^*

(0.394)

AIR

0.782^**

(0.283)

0.685^**

(0.223)

0.626^**

(0.223)

TOR

−0.145^*

(0.0717)

−0.116^*

(0.0525)

−0.0905

(0.0520)

Q

−0.0231

(0.0132)

−0.0253^**

(0.00980)

−0.0298^**

(0.00970)

Age

−0.0260^**

(0.00899)

−0.0246^***

(0.00701)

−0.0232^***

(0.00697)

SBA

0.112^*

(0.0476)

IDR

1.070^*

(0.477)

Year

YES

YES

YES

Ind

YES

YES

YES

_cons

2.143^***

(0.442)

0.595

(0.452)

0.418

(0.810)

N

756

756

756

R²

0.2688

0.2495

0.2687