Variance inflation factor
| Variables | VIF | 1/VIF |
|---|---|---|
| Financial constraints | 1.098 | 0.911 |
| Board gender diversity | 1.171 | 0.854 |
| Policy emissions reduction | 1.093 | 0.915 |
| Eco innovation score | 1.046 | 0.956 |
| Environmental expenditure investment | 1.18 | 0.847 |
| Executive gender diversity | 1.065 | 0.939 |
| Human rights policy | 1.196 | 0.836 |
| Board size | 1.153 | 0.868 |
| Policy board diversity | 1.247 | 0.802 |
| Independent board director | 1.104 | 0.906 |
| Leverage | 1.128 | 0.887 |
| Board-specific skills | 1.066 | 0.938 |
| Return on asset | 1.16 | 0.862 |
| Mean VIF | 1.131 | .– |
| Variables | VIF | 1/VIF |
|---|---|---|
| Financial constraints | 1.098 | 0.911 |
| Board gender diversity | 1.171 | 0.854 |
| Policy emissions reduction | 1.093 | 0.915 |
| Eco innovation score | 1.046 | 0.956 |
| Environmental expenditure investment | 1.18 | 0.847 |
| Executive gender diversity | 1.065 | 0.939 |
| Human rights policy | 1.196 | 0.836 |
| Board size | 1.153 | 0.868 |
| Policy board diversity | 1.247 | 0.802 |
| Independent board director | 1.104 | 0.906 |
| Leverage | 1.128 | 0.887 |
| Board-specific skills | 1.066 | 0.938 |
| Return on asset | 1.16 | 0.862 |
| Mean VIF | 1.131 | .– |