变量

(1)

(2)

(3)

(4)

(5)

(6)

PB

PB

ROA

ROA

TobinQ

TobinQ

ESG

0.0252^***

0.0428^***

0.0005^***

0.0004^***

(3.80)

(6.84)

(3.64)

(2.87)

L.ESG

0.0119^***

0.0160^***

(3.62)

(4.99)

cons

2.4859^***

−0.1528^***

0.0349^***

37.1462^***

1.8107^***

12.4290^***

(17.81)

(−5.28)

(11.25)

(25.64)

(26.41)

(14.78)

Observations

8717

8717

8725

8725

7376

7376

R-squared

0.620

0.666

0.554

0.681

0.749

0.765

Controls

NO

YES

NO

YES

NO

YES

Year

YES

YES

YES

YES

YES

YES

Firm

YES

YES

YES

YES

YES

YES