Table 6 Regression results Dependent...

Table 6

Regression results

Dependent variable	ESGP	EnvP	SocP	GovP
Narcissism	1.056	0.230	1.803^*	1.068
Narcissism	(0.802)	(1.606)	(0.874)	(0.843)
CAge	−16.16^*	−27.28^*	−7.559	−13.12
CAge	(6.534)	(12.34)	(7.307)	(8.751)
CGender	−3.757	−3.743	−6.137^*	−1.527
CGender	(3.064)	(4.954)	(3.089)	(2.890)
FSize	1.209	−0.417	1.472	2.639^**
FSize	(0.987)	(1.840)	(1.021)	(0.947)
ROA	52.10^***	84.95^***	43.22^***	27.47^***
ROA	(8.964)	(15.39)	(9.061)	(7.712)
FAge	−0.0378	0.114	−0.164	−0.0796
FAge	(0.102)	(0.189)	(0.102)	(0.114)
BSize	0.238	0.315	0.529	−0.113
BSize	(0.533)	(1.015)	(0.573)	(0.622)
_cons	59.56	129.5	6.745	38.58
_cons	(48.04)	(93.11)	(52.57)	(53.76)
N	132	132	132	132
Adj. R²	0.377	0.301	0.256	0.113
Year FE	Yes	Yes	Yes	Yes
Industry FE	Yes	Yes	Yes	Yes

Dependent variable	ESGP	EnvP	SocP	GovP
Narcissism	1.056	0.230	1.803^*	1.068
Narcissism	(0.802)	(1.606)	(0.874)	(0.843)
CAge	−16.16^*	−27.28^*	−7.559	−13.12
CAge	(6.534)	(12.34)	(7.307)	(8.751)
CGender	−3.757	−3.743	−6.137^*	−1.527
CGender	(3.064)	(4.954)	(3.089)	(2.890)
FSize	1.209	−0.417	1.472	2.639^**
FSize	(0.987)	(1.840)	(1.021)	(0.947)
ROA	52.10^***	84.95^***	43.22^***	27.47^***
ROA	(8.964)	(15.39)	(9.061)	(7.712)
FAge	−0.0378	0.114	−0.164	−0.0796
FAge	(0.102)	(0.189)	(0.102)	(0.114)
BSize	0.238	0.315	0.529	−0.113
BSize	(0.533)	(1.015)	(0.573)	(0.622)
_cons	59.56	129.5	6.745	38.58
_cons	(48.04)	(93.11)	(52.57)	(53.76)
N	132	132	132	132
Adj. R²	0.377	0.301	0.256	0.113
Year FE	Yes	Yes	Yes	Yes
Industry FE	Yes	Yes	Yes	Yes

Note(s): Standard errors in parentheses; ^*p < 0.05, ^**p < 0.01, ^***p < 0.001

ESGP: ESG Performance; EnvP: Environmental Performance; SocP: Social Performance; GovP: Governance Performance; CAge: CEO Age; CGender: CEO Gender; FSize: Firm Size; ROA: Return on Asset; FAge: Firm Age; BSize: Board Size

Source(s): Authors' own creation

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