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Table 15 Regression results for manufacturing industry

From: Enhancing environmental sustainability through corporate governance: the merger and acquisition perspective

Variables

Model 1

Model 2

CG

CG

MA

0.0430

 
 

(0.342)

 

GR

− 0.0261

− 0.0716

 

(0.0535)

(0.0810)

NP

− 2.20e−10

− 6.09e−10*

 

(1.73e−10)

(3.35e−10)

BTMR

0.102

− 0.337

 

(0.600)

(1.028)

CEDR

− 0.000565

0.0282

 

(0.0192)

(0.0643)

EVAR

 

0.0701***

  

(0.0188)

Constant

10.31***

11.77***

 

(0.484)

(0.703)

Observations

860

270

R-squared

0.002

0.065

  1. Robust standard errors are in parentheses, with ***, ** and * denoting significance at 1%, 5% and 10%, respectively. en = \({10}^{n}\), e.g., e−6 = \({10}^{-6}\) and e+3 = \({10}^{3}.\)
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