The Multifaceted Sustainable Development and Export Intensity of Emerging Market Firms under Financial Constraints: The Role of ESG and Innovative Activity
Table 8
Regression results for the binary dependent variable of the presence of direct exports.
Coefficient (standard error)
Main equation: Influence on the export dummy
Const
−0.8624 (0.0867)
Shadow_econ
0.1035 (0.0115)
Num_competitors
−0.0004 (0.0006)
Iso
0.0690 (0.0317)
R&D
0.1277 (0.0319)
Sizecode
0.0289 (0.0116)
Export_GDP
0.0003 (0.0005)
Safe_energy_ prod
0.0316 (0.0392)
Fin_obstacle
−0.0039 (0.0081)
Dummy_public
0.1688 (0.0495)
Owner_share
−0.0011 (0.0006)
Dummy_Asia
−0.1478 (0.0337)
Owner_ female
−0.0175 (0.0148)
Politic_gifts
0.0178 (0.0163)
Share_females_workers
0.0001 (0.0005)
Empl_education
0.1589 (0.0310)
Environment_manager
−0.1032 (0.0414)
Eco_standards
0.0923 (0.0371)
Audit_energy_consumpt
−0.0075 (0.0147)
Water_control
0.2134 (0.0300)
Trade_union
−0.0054 (0.0050)
Rate
0.0167 (0.0026)
CEO_experience
0.0030 (0.0013)
Workcap_bonds
0.0038 (0.0023)
Lambda
0.6179
Selection equation: influence on financial constraints