The “Booster” of Corporate Eco-Innovation: Government Pressure Perceived by Chinese Private Firms

Table 3

Regression results.

	(1)	(2)	(3)	(4)	(5)
	Eco-innovation	Eco-innovation	Eco-innovation	Eco-innovation	Eco-innovation
Gender	−0.004	−0.015	−0.026	0.035	0.029
	(0.103)	(0.103)	(0.104)	(0.123)	(0.124)
Age	0.005	0.006	0.005	0.004	0.003
	(0.004)	(0.004)	(0.004)	(0.005)	(0.005)
Education	0.121	0.131	0.127	0.139	0.140
	(0.035)	(0.036)	(0.036)	(0.042)	(0.042)
Foreign education	0.113	0.130	0.101	0.135	0.090
	(0.098)	(0.098)	(0.100)	(0.116)	(0.118)
Salary	0.059	0.052	0.045	0.063	0.054
	(0.025)	(0.026)	(0.026)	(0.029)	(0.030)
Political connection	0.102	0.092	0.045	−0.019	−0.090
	(0.081)	(0.081)	(0.084)	(0.096)	(0.1)
Charity member	0.246	0.262	0.278	0.320	0.325
	(0.082)	(0.083)	(0.084)	(0.097)	(0.098)
Firm size	0.147	0.137	0.137	0.168	0.166
	(0.027)	(0.028)	(0.028)	(0.033)	(0.033)
Firm age	−0.001	−0.002	−0.004	0.003	0.001
	(0.006)	(0.006)	(0.006)	(0.007)	(0.008)
ROA	0.000	0.000	0.000	0.000	0.000
	(0.001)	(0.001)	(0.001)	(0.001)	(0.001)
Government pressure		0.154	0.015	0.151	0.020
		(0.028)	(0.071)	(0.034)	(0.083)
Political status			−0.030		−0.013
			(0.039)		(0.047)
Political status × Government pressure
			0.026		0.024
			(0.013)		(0.015)
Foreign ownership				−0.040	−0.029
				(0.020)	(0.020)
Foreign ownership × Government pressure
				0.010	0.007
				(0.005)	(0.005)
Industrial dummies	Included	Included	Included	Included	Included
Regional dummies	Included	Included	Included	Included	Included
Constant	−2.489	−2.943	−2.725	−3.115	−3.043
	(0.377)	(0.392)	(0.435)	(0.458)	(0.514)
Observations	2,244	2,244	2,192	1,738	1,705
Pseudo R^2	0.178	0.193	0.199	0.228	0.235

Note. Standard errors are in parentheses, , , .