变量 | 非国有企业 | 国有企业 | 低风险偏好 | 高风险偏好 |
(1) | (2) | (3) | (4) | |
ESG | ESG | ESG | ESG | |
DO | 3.133*** | 2.707*** | 2.326*** | 2.523*** |
| (0.4) | (0.322) | (0.298) | (0.502) |
_cons | −20.356*** | −7.626 | −14.005*** | −11.182 |
| (6.215) | (6.522) | (4.968) | (13.085) |
Controls | Yes | Yes | Yes | Yes |
Year | Yes | Yes | Yes | Yes |
Industry | Yes | Yes | Yes | Yes |
N | 4702 | 4286 | 6550 | 2437 |
R-squared | 0.668 | 0.739 | 0.715 | 0.668 |