Analysis of the Impact of Ecological Governance Capacity on the Enterprise Capital Configuration Efficiency: Mediating Effects Based on Social Responsibility

Table 9

Regression results of changing the measurement of corporate social responsibility.

Variables symbols	(1)	(2)	(3)
	INV	CSR report	INV
SZ	2.510	9.857	2.398
	(7.58)	(4.63)	(7.12)
CSR report			0.003
			(1.98)
Constant	−1.782	−15.574	−0.104
	(−9.11)	(−11.02)	(−3.30)
Control variables	Control	Control	Control
Observations	5,950	5,950	5,950
Number of NAME	850	850	850
R-squared	0.064	0.230	0.065
Corporate effect	Control	Control	Control
Time effect	Control	Control	Control

10%, 5%, and 1%, observably.