There is a hypothesis: The linkage between corporate carbon and accounting-based financial performance is less negative for firms subject to the EU ETS as compared to non-regulated firms.
In this accounting-based financial performance is a dependent variable and carbon performance is independent variable. For this first I did regression for EU ETS and then for non-regulated firms where EU ETS is a dummy variable. But I don't know how to proceed further and whether this is the right approach.
In this accounting-based financial performance is a dependent variable and carbon performance is independent variable. For this first I did regression for EU ETS and then for non-regulated firms where EU ETS is a dummy variable. But I don't know how to proceed further and whether this is the right approach.
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