Does Intellectual Capital Investment Improve Financial Competitiveness and Green Innovation Performance? Evidence from Renewable Energy Companies in China

Table 8

Regression results of Models (1) and (2).

Variable	Model (1)	Model (2)
	FE	FE
Constant	−11.287 (−3.12)	−12.330 (−3.06)
MVAIC	0.208 (7.55)	—
CEE	—	0.255 (0.62)
HCE	—	0.127 (3.92)
SCE	—	1.887 (5.54)
RCE	—	1.345 (1.86)
INCE	—	1.522 (1.47)
SIZE	0.471 (3.53)	0.477 (3.15)
LEV	−4.011 (−8.49)	−3.955 (−6.87)
GDP	24.916 (1.86)	21.458 (1.57)
YEAR	Included	Included
R^2	0.1755	0.2038
F	19.58	15.61
N	934	934
Hausman test	Prob > chi2 = 0.0000	Prob > chi2 = 0.0000

and . t values are in parentheses.