Table 6.

Regression results for H1

VariablesCoefficientStatistical significancet-statistic
1. Env_Sust_Comp266.39**4.25
2. Soc_Sust_Comp90.65**5.40
3. Size3.50 0.14
4. Profitability31.16*2.29
R2 overall0.77  
Number of firms40  

Notes:

* and ** indicate statistical significance at p < 0.05 and p < 0.01

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