Country-level pre-regulation sustainability involvement
| Model 1 | Model 2 | |
|---|---|---|
| Coefficients (t-stats) | Coefficients (t-stats) | |
| Civil_law | 0.066*** (0.010) | |
| Common_law | −0.418*** (−31.592) | |
| Company FE | YES | YES |
| Time FE | YES | YES |
| Adj. R2 | 0.14 | 0.27 |
| N | 5,634 | 5,634 |
| Model 1 | Model 2 | |
|---|---|---|
| Coefficients ( | Coefficients ( | |
| 0.066*** (0.010) | ||
| −0.418*** (−31.592) | ||
| Company | YES | YES |
| Time | YES | YES |
| Adj. | 0.14 | 0.27 |
| 5,634 | 5,634 |
Note(s): ***, **, and × represent 1%, 5%, and 10% significance levels, respectively
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