| 润灵esg | Risk | 润灵esg |
Patent_Award | 0.014*** | −0.001*** | 0.014*** |
| (0.002) | (0.000) | (0.002) |
risk |
|
| −0.124 |
|
|
| (0.077) |
_cons | −1.961*** | 0.314*** | −2.254*** |
| (0.137) | (0.010) | (0.143) |
N | 39042 | 39042 | 39042 |
r2 | 0.189 | 0.133 | 0.191 |
Controls | √ | √ | √ |
IND | Yes | Yes | Yes |
year | Yes | Yes | Yes |