;(1);(2);(3)
;ROA;ROA;ROA
ESG;0.001***;0.001***;0.001***
;(8.589);(8.042);(8.371)
Size;;0.007***;0.006***
;;(7.834);(7.113)
Lev;;-0.003***;-0.003***
;;(-10.777);(-10.472)
Cashflow;;0.199***;0.203***
;;(41.294);(41.883)
Dual;;0.001;0.001
;;(1.372);(1.287)
TOP1;;0.000***;0.000***
;;(4.166);(4.282)
Age;;-0.023***;-0.022***
;;(-20.036);(-13.858)
Constant;-0.012;-0.121***;-0.122***
;(-1.872);(-6.756);(-6.093)
N;20878;20878;20878
R2;0.004;0.128;0.133
Company;YES;YES;YES
Year;NO;NO;YES