The Impact of the “Belt and Road” Initiative on Accounting Conservatism of Energy-Intensive Enterprises under the Low-Carbon Background

Table 4

The BRI and accounting robustness: DID estimation results.

	(1)	(2)
Treat × Inyear	−0.005	−0.005
	(−1.84)	(−2.12)
Treat	0.001	0.001
	(0.34)	(0.27)
Inyear	0.032	0.032
	(42.46)	(42.33)
Size	−0.043	−0.043
	(−62.54)	(−61.36)
SOE	0.006	0.008
	(3.38)	(4.92)
MB	0.118	0.117
	(54.04)	(52.8)
Industry	No	Yes
_Cons	0.897	0.907
	(61.38)	(51.79)
N	2,225	2,225
Adjusted R-square	0.178	0.185

Note. .