Research Article

[Retracted] How do Institutional Investors Influence Corporate Governance under Legal Psychology

Table 1

Definition of relevant variables (1).

Variable nameVariable definition

Environmental protection investment divided by total assets × 100
Environmental protection investment divided by operating income × 100
InvestigateThe number of times investigated in the year + 1 is taken as the logarithm
ScoreRunling global rating (RKS) score divided by 100
ComprovCalculate the proportion of subsidiaries of the same parent company in the same province
LevAsset liability ratio
GrowthGrowth rate of operating revenue
SizeTotal number of enterprises at the end of the year + 1 takes logarithm
SoeProperty right nature: 1 for state-owned enterprises, and 0 for vice versa
RoeReturn on net assets
AgeThe logarithm of the company’s founding age + 1