(1) Invest

(2) Invest

ESG

−0.0015***

−0.0018***

(0.0003)

(0.0003)

Media

0.0035***

(0.0003)

Interact

0.0006***

(0.0002)

Controls

YES

YES

_cons

0.1105***

0.1019***

(0.0060)

(0.0061)

行业固定效应

YES

YES

年份固定效应

YES

YES

N

27904.0000

27904.0000

r2

0.0894

0.0936