|
| 商道esg | risk | 商道esg |
| Patent | 0.036*** | −0.001*** | 0.035*** |
|
| (0.005) | (0.000) | (0.005) |
| risk |
|
| −0.278 |
|
|
|
| (0.210) |
| _cons | −12.057*** | 0.312*** | −13.315*** |
|
| (0.376) | (0.010) | (0.390) |
| N | 39042 | 39042 | 39042 |
| r2 | 0.247 | 0.134 | 0.253 |
| Controls | √ | √ | √ |
| IND | Yes | Yes | Yes |
| year | Yes | Yes | Yes |