Research Article
Digital Transformation and ESG Performance: A Quasinatural Experiment Based on China’s Environmental Protection Law
Table 10
Kernel propensity estimation.
| | ESG | DT | (1) | (2) | (3) | (4) | EERE | POLLUT | EERE | POLLUT |
| TREAT | -0.117 (0.024) | -0.164 (0.023) | -0.044 (0.003) | -0.050 (0.003) | POST | -0.056 (0.022) | -0.047 (0.022) | 0.023 (0.003) | 0.019 (0.003) | | 0.110 (0.031) | 0.099 (0.031) | -0.014 (0.004) | -0.011 (0.004) | Cons | 6.592 (0.017) | 6.587 (0.017) | 0.070 (0.002) | 0.074 (0.002) | Control | Yes | Yes | Yes | Yes | Year fix | Yes | Yes | Yes | Yes | Industry fix | Yes | Yes | Yes | Yes | | 22,685 | 22,610 | 22,685 | 22,604 | Adj. | 0.001 | 0.003 | 0.027 | 0.031 |
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Notes: standard errors in parentheses. ; ; . |