Table 1

Statistics and Pearson’s correlations

VariablesMeanSD(1)(2)(3)(4)(5)(6)(7)
(1) Green innovation54.50626.579       
(2) External monitoring49.82818.0520.154***      
(3) Takeover protection5.6842.091−0.044**−0.115***     
(4) Internationalization42.67622.4610.204***0.073***−0.039*    
(5) Firm ROE24.189105.3240.045**0.019−0.038*0.006   
(6) Firm size23.5131.3750.309***0.317***−0.126***0.0240.007  
(7) Firm age3.3820.9060.086***0.092***−0.108***0.0030.0070.101*** 
(8) Firm emissions12.8012.1980.187***0.216***−0.116***−0.040*0.0310.516***0.172***

Note(s): Significance level at ***p < 0.01; **p < 0.05; *p < 0.1

Source(s): Authors’ own work

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