Results from OLS Log-Log regressions with lagged CSR indexes for two public buyer categories (local public vs state authorities) for amounts of public procurement >10,000 €, without control variables
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| OLS | OLS | OLS | OLS | |
| b/se | b/se | b/se | b/se | |
| LOCAL | 8.443*** (2.418) | 1.457*** (0.475) | 6.269*** (1.941) | 9.466*** (2.002) |
| Total CSR | 3.411** (1.356) | |||
| LOCAL*Total CSR | −2.036*** (0.648) | |||
| Eco-societal CSR | 0.693 (0.437) | |||
| LOCAL*Eco-societal CSR | −0.335 (0.286) | |||
| Social CSR | 2.185** (0.998) | |||
| LOCAL*Social CSR | −1.798*** (0.643) | |||
| Environmental CSR | 3.184** (1.455) | |||
| LOCAL*Environmental CSR | −3.104*** (0.720) | |||
| Total assets | −0.133 (0.459) | −0.095 (0.452) | −0.091 (0.461) | −0.150 (0.460) |
| Age | −0.276 (0.540) | −0.027 (0.562) | −0.257 (0.550) | −0.248 (0.525) |
| Turnover | 0.446 (0.439) | 0.482 (0.443) | 0.378 (0.435) | 0.360 (0.440) |
| NBEmployees | 0;053 (0.631) | −0.015 (0.635) | −0.008 (0.628) | −0.002 (0.631) |
| Intercept | 3.821 (3.660) | 10.724*** (1.490) | 7.479*** (2.551) | 5.998** (3.051) |
| years F.E | Yes | Yes | Yes | Yes |
| Companies F.E | Yes | Yes | Yes | Yes |
| r2 | 0.260 | 0.246 | 0.255 | 0.267 |
| N | 707 | 687 | 707 | 707 |
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| OLS | OLS | OLS | OLS | |
| b/se | b/se | b/se | b/se | |
| LOCAL | 8.443*** (2.418) | 1.457*** (0.475) | 6.269*** (1.941) | 9.466*** (2.002) |
| Total CSR | 3.411** (1.356) | |||
| LOCAL*Total CSR | −2.036*** (0.648) | |||
| Eco-societal CSR | 0.693 (0.437) | |||
| LOCAL*Eco-societal CSR | −0.335 (0.286) | |||
| Social CSR | 2.185** (0.998) | |||
| LOCAL*Social CSR | −1.798*** (0.643) | |||
| Environmental CSR | 3.184** (1.455) | |||
| LOCAL*Environmental CSR | −3.104*** (0.720) | |||
| Total assets | −0.133 (0.459) | −0.095 (0.452) | −0.091 (0.461) | −0.150 (0.460) |
| Age | −0.276 (0.540) | −0.027 (0.562) | −0.257 (0.550) | −0.248 (0.525) |
| Turnover | 0.446 (0.439) | 0.482 (0.443) | 0.378 (0.435) | 0.360 (0.440) |
| NBEmployees | 0;053 (0.631) | −0.015 (0.635) | −0.008 (0.628) | −0.002 (0.631) |
| Intercept | 3.821 (3.660) | 10.724*** (1.490) | 7.479*** (2.551) | 5.998** (3.051) |
| years F.E | Yes | Yes | Yes | Yes |
| Companies F.E | Yes | Yes | Yes | Yes |
| 0.260 | 0.246 | 0.255 | 0.267 | |
| 707 | 687 | 707 | 707 |
Note(s): Heteroskedasticity-robust standard errors are reported in parentheses. LOCAL is a dummy variable indicating when the public buyer is a local public authority (i.e. municipalities, association of municipalities and regional level authorities). Every CSR variable is lagged and logged. *denotes significance at 10%, ** significance at 5%, and *** significance at 1% level