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Table 5 Probit results for mining industry

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

Variables

Model 1

Model 2

EP

CSR

GR

− 0.0429

− 0.0927

 

(0.0420)

(0.0581)

NP

8.96e−12***

6.72e−12**

 

(3.12e−12)

(3.08e−12)

BTMR

1.748***

2.140***

 

(0.223)

(0.192)

CEDR

− 0.0865**

− 0.102***

 

(0.0415)

(0.0349)

MA

1.209***

1.243***

 

(0.198)

(0.144)

Constant

− 3.379***

− 3.156***

 

(0.259)

(0.202)

Observations

1246

1246

  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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