Frequencies

Statistics
Industry Sector
N Valid 1800 1800
Missing 0 0

Frequency Table

Industry
N %
Basic Materials 72 4.0%
Consumer Discretionary 432 24.0%
Consumer Staples 144 8.0%
Energy 72 4.0%
Financials 396 22.0%
Health Care 108 6.0%
Industrials 288 16.0%
Technology 144 8.0%
Telecommunications 72 4.0%
Utilities 72 4.0%

Sector
N %
Aerospace and Defense 72 4.0%
Automobiles and Parts 180 10.0%
Banks 252 14.0%
Beverages 72 4.0%
Chemicals 72 4.0%
Construction and Materials 72 4.0%
Electricity 72 4.0%
Electronic and Electrical 36 2.0%
Equipment
Food Producers 36 2.0%
General Industrials 36 2.0%
Industrial Support Services 36 2.0%
Industrial Transportation 36 2.0%
Investment Banking and 36 2.0%
Brokerage Services
Media 36 2.0%
Medical Equipment and 36 2.0%
Services
Non-life Insurance 108 6.0%
Oil, Gas and Coal 72 4.0%
Personal Care, Drug and 36 2.0%
Grocery Stores
Personal Goods 144 8.0%
Pharmaceuticals and 72 4.0%
Biotechnology
Retailers 72 4.0%
Software and Computer 72 4.0%
Services
Technology Hardware and 72 4.0%
Equipment
Telecommunications Service 36 2.0%
Providers
Telecommunications Equipment 36 2.0%

Bar Chart
OUTPUT MODIFY
 /SELECT TABLES
/IF COMMANDS=["Frequencies(LAST)"] SUBTYPES="Frequencies"
/TABLECELLS SELECT=[VALIDPERCENT CUMULATIVEPERCENT] APPLYTO=COLUMN HIDE=YES
/TABLECELLS SELECT=[TOTAL] SELECTCONDITION=PARENT(VALID MISSING) APPLYTO=ROW HIDE=YES
/TABLECELLS SELECT=[VALID] APPLYTO=ROWHEADER UNGROUP=YES
/TABLECELLS SELECT=[PERCENT] SELECTDIMENSION=COLUMNS FORMAT="PCT" APPLYTO=COLUMN
/TABLECELLS SELECT=[COUNT] APPLYTO=COLUMNHEADER REPLACE="N"
/TABLECELLS SELECT=[PERCENT] APPLYTO=COLUMNHEADER REPLACE="%".
FREQUENCIES VARIABLES=Industry Sector
/HISTOGRAM NORMAL
/ORDER=ANALYSIS.

Frequencies

Notes
Output Created 05-JUL-2024 23:21:26
Comments
Input Active Dataset DataSet0
Filter <none>
Weight <none>
Split File <none>
N of Rows in Working Data File 1800
Missing Value Handling Definition of Missing User-defined missing values are
treated as missing.
Cases Used Statistics are based on all cases
with valid data.
Syntax FREQUENCIES
VARIABLES=Industry Sector
/HISTOGRAM NORMAL
/ORDER=ANALYSIS.
Resources Processor Time 00:00:01.53
Elapsed Time 00:00:00.58

Statistics
Industry Sector
N Valid 1800 1800
Missing 0 0
Frequency Table

Industry
N %
Basic Materials 72 4.0%
Consumer Discretionary 432 24.0%
Consumer Staples 144 8.0%
Energy 72 4.0%
Financials 396 22.0%
Health Care 108 6.0%
Industrials 288 16.0%
Technology 144 8.0%
Telecommunications 72 4.0%
Utilities 72 4.0%

Sector
N %
Aerospace and Defense 72 4.0%
Automobiles and Parts 180 10.0%
Banks 252 14.0%
Beverages 72 4.0%
Chemicals 72 4.0%
Construction and Materials 72 4.0%
Electricity 72 4.0%
Electronic and Electrical 36 2.0%
Equipment
Food Producers 36 2.0%
General Industrials 36 2.0%
Industrial Support Services 36 2.0%
Industrial Transportation 36 2.0%
Investment Banking and 36 2.0%
Brokerage Services
Media 36 2.0%
Medical Equipment and 36 2.0%
Services
Non-life Insurance 108 6.0%
Oil, Gas and Coal 72 4.0%
Personal Care, Drug and 36 2.0%
Grocery Stores
Personal Goods 144 8.0%
Pharmaceuticals and 72 4.0%
Biotechnology
Retailers 72 4.0%
Software and Computer 72 4.0%
Services
Technology Hardware and 72 4.0%
Equipment
Telecommunications Service 36 2.0%
Providers
Telecommunications Equipment 36 2.0%

Histogram
OUTPUT MODIFY
 /SELECT TABLES
/IF COMMANDS=["Frequencies(LAST)"] SUBTYPES="Frequencies"
/TABLECELLS SELECT=[VALIDPERCENT CUMULATIVEPERCENT] APPLYTO=COLUMN HIDE=YES
/TABLECELLS SELECT=[TOTAL] SELECTCONDITION=PARENT(VALID MISSING) APPLYTO=ROW HIDE=YES
/TABLECELLS SELECT=[VALID] APPLYTO=ROWHEADER UNGROUP=YES
/TABLECELLS SELECT=[PERCENT] SELECTDIMENSION=COLUMNS FORMAT="PCT" APPLYTO=COLUMN
/TABLECELLS SELECT=[COUNT] APPLYTO=COLUMNHEADER REPLACE="N"
/TABLECELLS SELECT=[PERCENT] APPLYTO=COLUMNHEADER REPLACE="%".
DESCRIPTIVES VARIABLES=Industry Sector IV1_EP IV2_SP IV3_GP IV4_ESGS IV5_ESGCS IV6_EMISS DV1_Td
DV2_Ltd DV3_IE
/STATISTICS=MEAN SUM STDDEV VARIANCE RANGE MIN MAX SEMEAN.

Descriptives

Notes
Output Created 05-JUL-2024 23:22:51
Comments
Input Active Dataset DataSet0
Filter <none>
Weight <none>
Split File <none>
N of Rows in Working Data File 1800
Missing Value Handling Definition of Missing User defined missing values are
treated as missing.
Cases Used All non-missing data are used.
Syntax DESCRIPTIVES
VARIABLES=Industry Sector
IV1_EP IV2_SP IV3_GP
IV4_ESGS IV5_ESGCS
IV6_EMISS DV1_Td
DV2_Ltd DV3_IE
/STATISTICS=MEAN SUM
STDDEV VARIANCE RANGE
MIN MAX SEMEAN.
Resources Processor Time 00:00:00.00
Elapsed Time 00:00:00.01
 Descriptive Statistics
N Range Minimum Maximum Sum Mean Std. Deviation Variance
Statistic Statistic Statistic Statistic Statistic Statistic Std. Error Statistic Statistic
Industry 1800 9.00 1.00 10.00 8820.00 4.9000 .05875 2.49268 6.213
Sector 1800 24.00 1.00 25.00 20376.00 11.3200 .18423 7.81611 61.092
IV1_EP 1800 99.05 .00 99.05 141196.68 78.4426 .45261 19.20243 368.733
IV2_SP 1800 98.14 .00 98.14 147389.64 81.8831 .38849 16.48224 271.664
IV3_GP 1800 98.56 .00 98.56 132284.76 73.4915 .43914 18.63099 347.114
IV4_ESGS 1800 93.19 .00 93.19 116173.20 64.5407 .39600 16.80072 282.264
IV5_ESGCS 1800 100.00 .00 100.00 108876.60 60.4870 .89428 37.94096 1439.516
IV6_EMISS 1800 99.87 .00 99.87 152407.80 84.6710 .41431 17.57759 308.972
DV1_Td 1800 88.64 .00 88.64 80892.72 44.9404 .51125 21.69032 470.470
DV2_Ltd 1800 1447242403.00 .00 1447242403.00 119475108852.00 66375060.4733 4666535.87973 197984349.91248 39197802810266
240.000
DV3_IE 1800 33590750.00 .00 33590750.00 2485847916.00 1381026.6200 96344.87245 4087566.75831 16708202003658.
902
Valid N (listwise) 1800

CORRELATIONS
/VARIABLES=Industry Sector IV1_EP IV2_SP IV3_GP IV4_ESGS IV5_ESGCS IV6_EMISS DV1_Td DV2_Ltd DV3_IE
/PRINT=TWOTAIL NOSIG FULL
/MISSING=PAIRWISE.

Correlations

Notes
Output Created 05-JUL-2024 23:23:53
Comments
Input Active Dataset DataSet0
Filter <none>
Weight <none>
Split File <none>
N of Rows in Working Data File 1800
Missing Value Handling Definition of Missing User-defined missing values are
treated as missing.
Cases Used Statistics for each pair of
variables are based on all the
cases with valid data for that
pair.
Syntax CORRELATIONS
/VARIABLES=Industry Sector
IV1_EP IV2_SP IV3_GP
IV4_ESGS IV5_ESGCS
IV6_EMISS DV1_Td DV2_Ltd
DV3_IE
/PRINT=TWOTAIL NOSIG
FULL
/MISSING=PAIRWISE.
Resources Processor Time 00:00:00.11
Elapsed Time 00:00:00.06

Correlations
Industry Sector IV1_EP IV2_SP IV3_GP IV4_ESGS IV5_ESGCS IV6_EMISS DV1_Td DV2_Ltd DV3_IE
** ** ** **
Industry Pearson Correlation 1 .193 -.083 -.032 .013 .072 .045 -.135 -.045 .002 .037
Sig. (2-tailed) .000 .000 .176 .579 .002 .059 .000 .055 .924 .120
N 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
Sector Pearson Correlation .193** 1 -.183** .045 -.108** .087** .108** -.084** -.623** -.274** -.208**
Sig. (2-tailed) .000 .000 .055 .000 .000 .000 .000 .000 .000 .000
N 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
** ** ** ** ** ** ** ** *
IV1_EP Pearson Correlation -.083 -.183 1 .767 .404 .327 -.261 .749 .359 .056 .031
Sig. (2-tailed) .000 .000 .000 .000 .000 .000 .000 .000 .017 .190
N 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
** ** ** ** ** **
IV2_SP Pearson Correlation -.032 .045 .767 1 .474 .436 -.159 .643 .227 -.042 -.071**
Sig. (2-tailed) .176 .055 .000 .000 .000 .000 .000 .000 .072 .003
N 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
** ** ** ** ** ** ** **
IV3_GP Pearson Correlation .013 -.108 .404 .474 1 .359 -.141 .396 .263 .076 .035
Sig. (2-tailed) .579 .000 .000 .000 .000 .000 .000 .000 .001 .143
N 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
IV4_ESGS Pearson Correlation .072** .087** .327** .436** .359** 1 .733** .340** -.004 -.082** -.088**
Sig. (2-tailed) .002 .000 .000 .000 .000 .000 .000 .874 .000 .000
 N 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
IV5_ESGCS Pearson Correlation .045 .108** -.261** -.159** -.141** .733** 1 -.100** -.266** -.122** -.112**
Sig. (2-tailed) .059 .000 .000 .000 .000 .000 .000 .000 .000 .000
N 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
** ** ** ** ** ** ** ** **
IV6_EMISS Pearson Correlation -.135 -.084 .749 .643 .396 .340 -.100 1 .146 -.061 -.059*
Sig. (2-tailed) .000 .000 .000 .000 .000 .000 .000 .000 .009 .012
N 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
** ** ** ** ** ** **
DV1_Td Pearson Correlation -.045 -.623 .359 .227 .263 -.004 -.266 .146 1 .466 .396**
Sig. (2-tailed) .055 .000 .000 .000 .000 .874 .000 .000 .000 .000
N 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
** * ** ** ** ** **
DV2_Ltd Pearson Correlation .002 -.274 .056 -.042 .076 -.082 -.122 -.061 .466 1 .944**
Sig. (2-tailed) .924 .000 .017 .072 .001 .000 .000 .009 .000 .000
N 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
DV3_IE Pearson Correlation .037 -.208** .031 -.071** .035 -.088** -.112** -.059* .396** .944** 1
Sig. (2-tailed) .120 .000 .190 .003 .143 .000 .000 .012 .000 .000
N 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800 1800
**. Correlation is significant at the 0.01 level (2-tailed).
*. Correlation is significant at the 0.05 level (2-tailed).

REGRESSION
/MISSING LISTWISE
/STATISTICS COEFF OUTS R ANOVA
/CRITERIA=PIN(.05) POUT(.10)
/NOORIGIN
/DEPENDENT DV1_Td
/METHOD=ENTER IV1_EP IV2_SP IV3_GP IV4_ESGS IV5_ESGCS IV6_EMISS.

Regression

Notes
Output Created 05-JUL-2024 23:27:41
Comments
Input Active Dataset DataSet0
Filter <none>
Weight <none>
 Split File <none>
N of Rows in Working Data File 1800
Missing Value Handling Definition of Missing User-defined missing values are
treated as missing.
Cases Used Statistics are based on cases
with no missing values for any
variable used.
Syntax REGRESSION
/MISSING LISTWISE
/STATISTICS COEFF OUTS R
ANOVA
/CRITERIA=PIN(.05)
POUT(.10)
/NOORIGIN
/DEPENDENT DV1_Td
/METHOD=ENTER IV1_EP
IV2_SP IV3_GP IV4_ESGS
IV5_ESGCS IV6_EMISS.
Resources Processor Time 00:00:00.05
Elapsed Time 00:00:00.02
Memory Required 5680 bytes
Additional Memory Required for 0 bytes
Residual Plots

Variables Entered/Removeda
Variables
Model Variables Entered Removed Method
1 IV6_EMISS, . Enter
IV5_ESGCS,
IV3_GP, IV2_SP,
IV1_EP,
IV4_ESGSb
a. Dependent Variable: DV1_Td
b. All requested variables entered.

Model Summary
 Std. Error of the
Model R R Square Adjusted R Square Estimate
a
1 .464 .215 .213 19.24419
a. Predictors: (Constant), IV6_EMISS, IV5_ESGCS, IV3_GP, IV2_SP, IV1_EP,
IV4_ESGS

ANOVAa
Model Sum of Squares df Mean Square F Sig.
1 Regression 182358.626 6 30393.104 82.068 .000b
Residual 664017.240 1793 370.339
Total 846375.866 1799
a. Dependent Variable: DV1_Td
b. Predictors: (Constant), IV6_EMISS, IV5_ESGCS, IV3_GP, IV2_SP, IV1_EP, IV4_ESGS

Coefficientsa
Standardized
Unstandardized Coefficients Coefficients
Model B Std. Error Beta t Sig.
1 (Constant) 28.556 3.170 9.008 .000
IV1_EP .598 .052 .529 11.392 .000
IV2_SP -.195 .053 -.148 -3.666 .000
IV3_GP .204 .037 .175 5.449 .000
IV4_ESGS .076 .104 .059 .732 .464
IV5_ESGCS -.112 .043 -.196 -2.628 .009
IV6_EMISS -.326 .041 -.265 -7.991 .000
a. Dependent Variable: DV1_Td

REGRESSION
/MISSING LISTWISE
/STATISTICS COEFF OUTS R ANOVA
/CRITERIA=PIN(.05) POUT(.10)
/NOORIGIN
/DEPENDENT DV2_Ltd
/METHOD=ENTER IV1_EP IV2_SP IV3_GP IV4_ESGS IV5_ESGCS IV6_EMISS.
Regression

Notes
Output Created 05-JUL-2024 23:28:29
Comments
Input Active Dataset DataSet0
Filter <none>
Weight <none>
Split File <none>
N of Rows in Working Data File 1800
Missing Value Handling Definition of Missing User-defined missing values are
treated as missing.
Cases Used Statistics are based on cases
with no missing values for any
variable used.
Syntax REGRESSION
/MISSING LISTWISE
/STATISTICS COEFF OUTS R
ANOVA
/CRITERIA=PIN(.05)
POUT(.10)
/NOORIGIN
/DEPENDENT DV2_Ltd
/METHOD=ENTER IV1_EP
IV2_SP IV3_GP IV4_ESGS
IV5_ESGCS IV6_EMISS.
Resources Processor Time 00:00:00.03
Elapsed Time 00:00:00.07
Memory Required 5680 bytes
Additional Memory Required for 0 bytes
Residual Plots

Variables Entered/Removeda
Variables
Model Variables Entered Removed Method
1 IV6_EMISS, . Enter
IV5_ESGCS,
IV3_GP, IV2_SP,
IV1_EP,
IV4_ESGSb
a. Dependent Variable: DV2_Ltd
b. All requested variables entered.

Model Summary
Std. Error of the
Model R R Square Adjusted R Square Estimate
a
1 .243 .059 .056 192390983.58859
a. Predictors: (Constant), IV6_EMISS, IV5_ESGCS, IV3_GP, IV2_SP, IV1_EP,
IV4_ESGS

ANOVAa
Model Sum of Squares df Mean Square F Sig.
1 Regression 415022427050061 6 691704045083435 18.687 .000b
0000.000 010.000
Residual 663666229851684 1793 370142905661843
90000.000 20.000
Total 705168472556691 1799
00000.000
a. Dependent Variable: DV2_Ltd
b. Predictors: (Constant), IV6_EMISS, IV5_ESGCS, IV3_GP, IV2_SP, IV1_EP, IV4_ESGS

Coefficientsa
Standardized
Unstandardized Coefficients Coefficients
Model B Std. Error Beta t Sig.
1 (Constant) 146670605.343 31692313.843 4.628 .000
IV1_EP 3372108.499 524667.517 .327 6.427 .000
IV2_SP -2375752.694 532682.115 -.198 -4.460 .000
IV3_GP 1521906.013 374210.688 .143 4.067 .000
IV4_ESGS -753567.614 1042428.995 -.064 -.723 .470
 IV5_ESGCS -117751.339 427060.572 -.023 -.276 .783
IV6_EMISS -2437286.125 408456.999 -.216 -5.967 .000
a. Dependent Variable: DV2_Ltd

REGRESSION
/MISSING LISTWISE
/STATISTICS COEFF OUTS R ANOVA
/CRITERIA=PIN(.05) POUT(.10)
/NOORIGIN
/DEPENDENT DV3_IE
/METHOD=ENTER IV1_EP IV2_SP IV3_GP IV4_ESGS IV5_ESGCS IV6_EMISS.

Regression

Notes
Output Created 05-JUL-2024 23:29:01
Comments
Input Active Dataset DataSet0
Filter <none>
Weight <none>
Split File <none>
N of Rows in Working Data File 1800
Missing Value Handling Definition of Missing User-defined missing values are
treated as missing.
Cases Used Statistics are based on cases
with no missing values for any
variable used.
Syntax REGRESSION
/MISSING LISTWISE
/STATISTICS COEFF OUTS R
ANOVA
/CRITERIA=PIN(.05)
POUT(.10)
/NOORIGIN
/DEPENDENT DV3_IE
/METHOD=ENTER IV1_EP
IV2_SP IV3_GP IV4_ESGS
IV5_ESGCS IV6_EMISS.
Resources Processor Time 00:00:00.02
Elapsed Time 00:00:00.04
Memory Required 5680 bytes
Additional Memory Required for 0 bytes
Residual Plots

Variables Entered/Removeda
Variables
Model Variables Entered Removed Method
1 IV6_EMISS, . Enter
IV5_ESGCS,
IV3_GP, IV2_SP,
IV1_EP,
IV4_ESGSb
a. Dependent Variable: DV3_IE
b. All requested variables entered.

Model Summary
Std. Error of the
Model R R Square Adjusted R Square Estimate
a
1 .216 .047 .043 3997849.65472
a. Predictors: (Constant), IV6_EMISS, IV5_ESGCS, IV3_GP, IV2_SP, IV1_EP,
IV4_ESGS
 ANOVAa
Model Sum of Squares df Mean Square F Sig.
1 Regression 140089166644943 6 233481944408239 14.608 .000b
6.000 .340
Residual 286571637381322 1793 15982801861758.
44.000 084
Total 300580554045816 1799
80.000
a. Dependent Variable: DV3_IE
b. Predictors: (Constant), IV6_EMISS, IV5_ESGCS, IV3_GP, IV2_SP, IV1_EP, IV4_ESGS

Coefficientsa
Standardized
Unstandardized Coefficients Coefficients
Model B Std. Error Beta t Sig.
1 (Constant) 4148133.990 658560.519 6.299 .000
IV1_EP 49771.398 10902.496 .234 4.565 .000
IV2_SP -64466.815 11069.037 -.260 -5.824 .000
IV3_GP 12326.399 7776.030 .056 1.585 .113
IV4_ESGS 26622.814 21661.485 .109 1.229 .219
IV5_ESGCS -19242.949 8874.241 -.179 -2.168 .030
IV6_EMISS -33692.200 8487.662 -.145 -3.970 .000
a. Dependent Variable: DV3_IE