Does Digital Finance Induce Improved Financing for Green Technological Innovation in China?

Table 5

Regression results of information quality heterogeneity.

	Environmental disclosure report		Environmental governance report
	(1)	(2)	(3)	(4)
	High quality	Low quality	High quality	Low quality
	Greeninno	Greeninno	Greeninno	Greeninno
L.Dfina	0.3135	0.5038	0.4041	0.3528
	(1.181)	(2.919)	(1.602)	(1.940)
Control variables	Yes	Yes	Yes	Yes
Time effect	Yes	Yes	Yes	Yes
Industry effect	Yes	Yes	Yes	Yes
_Cons	−5.1182	−1.7592	−3.5259	−3.1869
	(−8.610)	(−3.706)	(−5.396)	(−7.211)
N	1570	3229	1537	3262
r2_a	0.2314	0.0741	0.1616	0.1135

t statistics in parentheses;  < 0.1,  < 0.05, and  < 0.01.