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Table 4 Probit results for manufacturing industry

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

Variables

Model 1

Model 2

EP

CSR

GR

− 0.00464

0.00171

 

(0.0154)

(0.00172)

NP

− 3.03e−11

− 1.28e−11

 

(4.24e−11)

(1.29e−11)

BTMR

− 0.00622

− 0.00821

 

(0.163)

(0.0806)

CEDR

− 0.00508

− 0.00403

 

(0.00655)

(0.00413)

MA

0.0312

− 0.214***

 

(0.0966)

(0.0475)

Constant

− 0.0199

− 0.509***

 

(0.135)

(0.0664)

Observations

1001

4,844

  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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Energy, Sustainability and Society

ISSN: 2192-0567

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