Table 3. Results of multiple regression... | Emerald Publishing

Table 3.

Results of multiple regression

Variable	Coef.	Std.err.	t-value	p-value	95% confidence interval
NP_lag2	0.04	0.03	1.47	0.14	−0.01	0.09
ln(TA)	−0.26	0.12	−2.28	*0.02	−0.49	−0.04
ROA	−0.01	0.02	−0.25	0.81	−0.05	0.04
LEV	0.02	0.03	0.68	0.50	−0.03	0.07
ATR	−0.12	0.03	−3.92	**0.00	−0.18	−0.06
Tobin’s Q	0.00	0.01	−0.01	0.99	−0.02	0.02
FAR	0.01	0.03	0.18	0.86	−0.06	0.07
MEM	0.00	0.02	−0.27	0.79	−0.04	0.03
INDEP	−0.03	0.04	−0.78	0.44	−0.10	0.04
DUAL	0.01	0.01	0.93	0.36	−0.01	0.04
GDIV	0.01	0.01	0.89	0.38	−0.01	0.03
Firm FE	Yes
Industry FE	Yes
Adjusted $R^{2}$	0.953
No. of obs.	588

Variable	Coef.	Std.err.	t-value	p-value	95% confidence interval
NP_lag2	0.04	0.03	1.47	0.14	−0.01	0.09
ln(TA)	−0.26	0.12	−2.28	*0.02	−0.49	−0.04
ROA	−0.01	0.02	−0.25	0.81	−0.05	0.04
LEV	0.02	0.03	0.68	0.50	−0.03	0.07
ATR	−0.12	0.03	−3.92	**0.00	−0.18	−0.06
Tobin’s Q	0.00	0.01	−0.01	0.99	−0.02	0.02
FAR	0.01	0.03	0.18	0.86	−0.06	0.07
MEM	0.00	0.02	−0.27	0.79	−0.04	0.03
INDEP	−0.03	0.04	−0.78	0.44	−0.10	0.04
DUAL	0.01	0.01	0.93	0.36	−0.01	0.04
GDIV	0.01	0.01	0.89	0.38	−0.01	0.03
Firm FE	Yes
Industry FE	Yes
Adjusted $R^{2}$	0.953
No. of obs.	588

Note(s):

Dependent variable is GHG intensity, corporate greenhouse gas emissions per sales (tCO₂eq/KRW);

significant at p < 0.05 (*), p < 0.01 (**)

Source(s): Authors’ own work