Pakistani SMEs' hierarchical regression analysis results
| Variables | Social performance | Environmental performance | Financial performance | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Model 1 | Model 2 | Model 3 | Model 4 | Model 5 | Model 6 | Model 7 | Model 8 | Model 9 | |
| Firm size | 0.045 | 0.055 | 0.059 | −0.061 | −0.109 | −0.108 | 0.056 | 0.004 | 0.004 |
| Firm age | −0.063 | −0.079 | −0.079 | −0.103 | −0.009 | −0.121 | −0.042 | −0.049 | −0.050 |
| Industry type | 0.009 | 0.029 | 0.015 | −0.009 | −0.039 | −0.047 | −0.059 | −0.086 | −0.087 |
| Ownership Structure | 0.137** | 0.105 | 0.118 | −0.074 | −0.031 | −0.019 | 0.028 | 0.069 | 0.072 |
| Green Entrepreneurial Orientation (GEO) | −0.085 | −0.080 | 0.299*** | 0.312*** | 0.391*** | 0.396*** | |||
| Green Technology Dynamism (GTD) | 0.127** | 0.122 | 0.278*** | 0.279*** | 0.213** | 0.214** | |||
| Environmental Consciousness (EC) | 0.412*** | 0.419*** | −0.105 | −0.113 | −0.140* | −0.143* | |||
| GEO × GTD | −0.089 | −0.139* | −0.040 | ||||||
| GEO × EC | −0.095 | −0.034 | −0.132* | ||||||
| R2 | 0.023 | 0.209 | 0.223 | 0.024 | 0.232 | 0.251 | 0.035 | 0.257 | 0.259 |
| ΔR2 | 0.013 | 0.014 | 0.186 | 0.024 | 0.209 | 0.019 | 0.007 | 0.250 | 0.002 |
| F value | 0.919 | 11.88*** | 1.351 | 0.936 | 13.77*** | 1.864 | 0.286 | 17.06*** | 0.159 |
| Variables | Social performance | Environmental performance | Financial performance | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Model 1 | Model 2 | Model 3 | Model 4 | Model 5 | Model 6 | Model 7 | Model 8 | Model 9 | |
| Firm size | 0.045 | 0.055 | 0.059 | −0.061 | −0.109 | −0.108 | 0.056 | 0.004 | 0.004 |
| Firm age | −0.063 | −0.079 | −0.079 | −0.103 | −0.009 | −0.121 | −0.042 | −0.049 | −0.050 |
| Industry type | 0.009 | 0.029 | 0.015 | −0.009 | −0.039 | −0.047 | −0.059 | −0.086 | −0.087 |
| Ownership Structure | 0.137** | 0.105 | 0.118 | −0.074 | −0.031 | −0.019 | 0.028 | 0.069 | 0.072 |
| Green Entrepreneurial Orientation (GEO) | −0.085 | −0.080 | 0.299*** | 0.312*** | 0.391*** | 0.396*** | |||
| Green Technology Dynamism (GTD) | 0.127** | 0.122 | 0.278*** | 0.279*** | 0.213** | 0.214** | |||
| Environmental Consciousness (EC) | 0.412*** | 0.419*** | −0.105 | −0.113 | −0.140* | −0.143* | |||
| GEO × GTD | −0.089 | −0.139* | −0.040 | ||||||
| GEO × EC | −0.095 | −0.034 | −0.132* | ||||||
| 0.023 | 0.209 | 0.223 | 0.024 | 0.232 | 0.251 | 0.035 | 0.257 | 0.259 | |
| Δ | 0.013 | 0.014 | 0.186 | 0.024 | 0.209 | 0.019 | 0.007 | 0.250 | 0.002 |
| 0.919 | 11.88*** | 1.351 | 0.936 | 13.77*** | 1.864 | 0.286 | 17.06*** | 0.159 | |
Note(s): *p < 0.05; **p < 0.01; ***p < 0.001, Standard errors in parentheses
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