The Multifaceted Sustainable Development and Export Intensity of Emerging Market Firms under Financial Constraints: The Role of ESG and Innovative Activity

Table 9

Regression results for the SDER.

	(1)	(2)	(3)
R^2	0.265	0.265	0.256
Shadow_econ	−1.0497	−1.0804	−1.0975
Iso	5.8976	5.5356	6.6923
R&D	3.2244	2.9862	3.1417
Num_empl	0.0349
Sizecode		6.3808
Num_empl_sqr			0.00004
Gdp_ln	1.9227
Ind_ef		0.2106
Export_GDP			0.1059
Fin_obstacle	−0.4577	−0.4730	−0.4222
Dummy_Asia	−11.3693	−11.0780	−10.2165
Gov_regulation	−0.0326	−0.0334	−0.0323
Share_females_workers	0.1168	0.1050	0.1309
Share_females_nonprod	−0.0825	−0.0587	−0.0998
Eco_standards	2.3653	2.4851	2.5652
Fin_audit	3.6947	3.2656	4.0880
Trade_union	−3.1456	−2.8605	−2.6651
Rate	−0.9609	−0.8871	−0.8526
Foreign_share	0.3145	0.3102	0.3253
Gov_share	−0.1353	−0.1112	−0.1179
Workcap_banks	0.0474	0.0453	0.0577