变量名称 | 绿色发明和实用新型专利 | |||||||
| Poisson | Negative Binomial | ||||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) |
控制型文化 | 0.093** |
|
|
| 0.073* |
|
|
|
| (2.27) |
|
|
| (1.72) |
|
|
|
竞争型文化 |
| −0.006 |
|
|
| −0.005 |
|
|
|
| (−0.67) |
|
|
| (−0.46) |
|
|
协作型文化 |
|
| −0.022** |
|
|
| −0.018* |
|
|
|
| (−2.03) |
|
|
| (−1.68) |
|
创造型文化 |
|
|
| 0.079*** |
|
|
| 0.068*** |
|
|
|
| (3.34) |
|
|
| (2.80) |
公司规模 | 0.427*** | 0.427*** | 0.428*** | 0.427*** | 0.441*** | 0.441*** | 0.441*** | 0.441*** |
| (39.08) | (39.08) | (39.12) | (39.11) | (38.35) | (38.36) | (38.39) | (38.38) |
公司年龄 | −0.078*** | −0.076*** | −0.078*** | −0.081*** | −0.082*** | −0.079*** | −0.082*** | −0.084*** |
| (−6.51) | (−6.23) | (−6.48) | (−6.72) | (−6.45) | (−6.23) | (−6.45) | (−6.65) |
ROA | −0.873*** | −0.871*** | −0.873*** | −0.873*** | −0.880*** | −0.878*** | −0.881*** | −0.882*** |
| (−6.57) | (−6.54) | (−6.57) | (−6.56) | (−6.25) | (−6.24) | (−6.26) | (−6.27) |
杠杆率 | 1.001*** | 1.002*** | 1.002*** | 1.001*** | 0.989*** | 0.989*** | 0.989*** | 0.988*** |
| (20.94) | (20.96) | (20.96) | (20.94) | (19.99) | (19.99) | (20.00) | (19.98) |
四大审计 | 0.041 | 0.042 | 0.043 | 0.043 | 0.048 | 0.048 | 0.049 | 0.048 |
| (1.51) | (1.53) | (1.56) | (1.55) | (1.61) | (1.62) | (1.64) | (1.63) |
分析师 | 0.112*** | 0.112*** | 0.112*** | 0.112*** | 0.113*** | 0.113*** | 0.113*** | 0.113*** |
| (11.98) | (12.00) | (11.99) | (12.00) | (11.78) | (11.79) | (11.78) | (11.79) |
企业产权 | 0.188*** | 0.187*** | 0.188*** | 0.189*** | 0.194*** | 0.193*** | 0.194*** | 0.195*** |
| (10.31) | (10.24) | (10.30) | (10.36) | (10.40) | (10.35) | (10.40) | (10.45) |
常量 | −6.243*** | −6.242*** | −6.230*** | −6.244*** | −6.397*** | −6.397*** | −6.386*** | −6.397*** |
| (−52.57) | (−52.35) | (−52.28) | (−52.59) | (−52.25) | (−52.05) | (−51.99) | (−52.28) |
样本量 | 25,506 | 25,506 | 25,506 | 25,506 | 25,506 | 25,506 | 25,506 | 25,506 |
调整的R2 | 0.163 | 0.163 | 0.163 | 0.163 |
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|
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年份效应 | YES | YES | YES | YES | YES | YES | YES | YES |
行业效应 | YES | YES | YES | YES | YES | YES | YES | YES |