Table 6

Regression 2 results

Obs96     
F (7, 88)21.07     
Prob > F0.0000     
R-squared0.6263     
Adj R-squared0.5965     
Root MSE13.004     
ESGCoef.Std. err.tp-value[95% Conf.Interval]
BGD0.5326***0.11714.550.0000.29980.7654
BoardSize0.55360.48321.150.255−0.40661.5140
ROE−0.06920.1978−0.350.727−0.46230.3238
Leverage−0.3734***0.0973−3.830.000−0.5669−0.1798
LogTA6.5107**2.70002.410.0181.144811.8766
LogSales7.6671***2.50003.070.0032.696912.6373
Price−0.0067**0.0028−2.380.019−0.0124−0.0011
_cons−79.3901***20.5671−3.860.000−120.263−38.5173
Notes:

*Significance at 10%; **significance at 5% and ***significance at 1%. The data are from the Refinitiv Eikon database

Source: Authors’ own creation from Stata

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