Table 7

Regression 3 results

Obs96     
F (7, 88)20.38     
Prob > F0.0000     
R-squared0.6808     
Adj R-squared0.6474     
Root MSE12.157     
ESGCoef.Std. err.tp-value[95% Conf.Interval]
BCD0.5993***0.19923.010.0030.20320.9953
BGD0.7810***0.16064.860.0000.46161.1004
Interaction−0.0109*0.0056−1.940.056−0.02210.0002
BoardSize0.74580.45631.630.106−0.16131.6529
ROE−0.09360.1851−0.510.614−0.46170.2743
Leverage−0.3619***0.0911−3.970.000−0.5430−0.1808
LogTA4.6939*2.58821.810.073−0.45129.8390
LogSales8.2261***2.34523.510.0013.563912.8883
Price−0.0052*0.0026−1.930.056−0.01050.0001
_cons−78.743***19.838−3.970.000−118.181−39.3052
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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