Research Article
Digital Transformation and ESG Performance: A Quasinatural Experiment Based on China’s Environmental Protection Law
| Var. | Obs | Mean | Std. dev. | Min | Max |
| ESG | 27,338 | 6.485 | 1.154 | 3 | 9 | DT | 27,338 | 0.099 | 0.227 | 0 | 1 | EERE | 27,338 | 0.282 | 0.450 | 0 | 1 | POLLUT | 27,338 | 0.224 | 0.417 | 0 | 1 | POST | 27,338 | 0.645 | 0.479 | 0 | 1 | SIZE | 27,338 | 22.204 | 1.284 | 19.525 | 26.398 | LEV | 27,338 | 0.432 | 0.207 | 0.027 | 0.925 | ROA | 27,338 | 0.039 | 0.066 | -0.398 | 0.244 | CASH | 27,338 | 0.046 | 0.069 | -0.224 | 0.257 | FIXED | 27,338 | 0.216 | 0.162 | 0.002 | 0.736 | INDEP | 27,338 | 0.375 | 0.054 | 0.273 | 0.600 | BM | 27,338 | 1.055 | 1.178 | 0.051 | 10.142 | AGE | 27,338 | 2.869 | 0.341 | 1.099 | 3.555 |
|
|