Results from OLS Log-Log regressions from public procurement amounts of more than 10,000 €, with lagged CSR indexes and with control variables
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| OLS | OLS | OLS | OLS | |
| b/se | b/se | b/se | b/se | |
| (1.879) | ||||
| Eco-societal CSR | 0.202 (0.876) | |||
| Social CSR | 5.381*** (1.710) | |||
| Environmental CSR | 6.752*** (1.929) | |||
| Total assets | −0.078 (0.511) | −0.148 (0.516) | 0.003 (0.514) | −0.223 (0.515) |
| Age | −0.256 (0.464) | 0.199 (0.514) | −0.241 (0.470) | −0.307 (0.441) |
| Turnover | 0.327 (0.456) | 0.314 (0.479) | 0.237 (0.441) | 0.224 (0.461) |
| NBEmployees | 0.076 (0.659) | −0.019 (0.683) | −0.033 (0.646) | 0.073 (0.661) |
| Intercept | −13.459 (10.571) | 8.264 (8.271) | −5.278 (9.211) | −6.895 (9.415) |
| years F.E | Yes | Yes | Yes | Yes |
| Categories F.E. | Yes | Yes | Yes | Yes |
| Companies F.E | Yes | Yes | Yes | Yes |
| Interact Cat*CSR | Yes | Yes | Yes | Yes |
| r2 | 0.399 | 0.379 | 0.400 | 0.408 |
| N | 707 | 687 | 707 | 707 |
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| OLS | OLS | OLS | OLS | |
| b/se | b/se | b/se | b/se | |
| (1.879) | ||||
| Eco-societal CSR | 0.202 (0.876) | |||
| Social CSR | 5.381*** (1.710) | |||
| Environmental CSR | 6.752*** (1.929) | |||
| Total assets | −0.078 (0.511) | −0.148 (0.516) | 0.003 (0.514) | −0.223 (0.515) |
| Age | −0.256 (0.464) | 0.199 (0.514) | −0.241 (0.470) | −0.307 (0.441) |
| Turnover | 0.327 (0.456) | 0.314 (0.479) | 0.237 (0.441) | 0.224 (0.461) |
| NBEmployees | 0.076 (0.659) | −0.019 (0.683) | −0.033 (0.646) | 0.073 (0.661) |
| Intercept | −13.459 (10.571) | 8.264 (8.271) | −5.278 (9.211) | −6.895 (9.415) |
| years F.E | Yes | Yes | Yes | Yes |
| Categories F.E. | Yes | Yes | Yes | Yes |
| Companies F.E | Yes | Yes | Yes | Yes |
| Interact Cat*CSR | Yes | Yes | Yes | Yes |
| 0.399 | 0.379 | 0.400 | 0.408 | |
| 707 | 687 | 707 | 707 |
Note(s): Heteroskedasticity-robust standard errors are reported in parentheses, with 36 categories of public buyers. Every CSR variable is lagged. *denotes significance at 10%, ** significance at 5%, and *** significance at 1% level