Research Article
Digital Transformation and ESG Performance: A Quasinatural Experiment Based on China’s Environmental Protection Law
Table 11
QDID estimation at the 0.5 quantile.
| | ESG | DT | | (1) | (2) | (3) | (4) | | EERE | POLLUT | EERE | POLLUT |
| | TREAT | -0.162 (0.025) | -0.233 (0.023) | -0.004 (0.001) | -0.003 (0.001) | | POST | -0.251 (0.018) | -0.247 (0.015) | 0.016 (0.000) | 0.017 (0.000) | | 0.153 (0.031) | 0.167 (0.028) | -0.011 (0.001) | -0.014 (0.001) | | Cons | -1.907 (0.172) | -1.914 (0.144) | 0.010 (0.004) | 0.007 (0.004) | | Control | Yes | Yes | Yes | Yes | | Year fix | Yes | Yes | Yes | Yes | | Industry fix | Yes | Yes | Yes | Yes | | 27,338 | 27,338 | 27,338 | 27,338 | | Adj. | 0.050 | 0.060 | 0.020 | 0.020 |
|
|
Notes: standard errors in parentheses. ; ; . |
