Investigating the Complex Relationship between Financial Performance and Company’s Green Behavior: A Comparative Analysis

Table 1

Initial financial indicator system.

Type	Financial indicators
Business solvency	Current ratio (X1); quick ratio (X2); equity ratio (X3); debt-to-tangible assets ratio (X4); cash coverage ratio (X5)
Profitability	Net profit rate of total assets (X6); return on equity (X7); cost and expense ratio (X8); return on total assets ratio (X9); operating profit ratio (X10)
Development ability	Growth rate of main income (X11); growth rate of total assets (X12); growth rate of net profit (X13); sustainable growth rate (X14)