Research Article

Financing Constraints and Environmental Performance: Management in Resource Constraint Settings

Table 1

Variable design.

VariablesNameExplanationResources

X1Financing constraintsWW index proposed by White and Wu [49]Annual report
X2Green management = logarithm of current amount of environmental protection investment expenditureCSMAR, corporate social responsibility report
X3Environmental performance = environmental activities × environmental management capabilityCSMAR, corporate social responsibility report
X4AgeYears from establishment to 2019Annual report of listed companies
X5Scale = logarithm of enterprise asset scaleAnnual report of listed companies