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Table 6 Test of stationarity at Level

From: Analysis of corporate sustainability performance and corporate financial performance causal linkage in the Indian context

 

p-values

 

Levin, Lin & Chu

Im, Pasaran and Shin W-Stat

ADF-Fisher Chi-square

PP-Fisher Chi-Square

ROA

0.0000

0.0000

0.0000

0.0000

ROE

0.0000

0.0000

0.0000

0.0000

Tobins’Q

0.0000

0.0000

0.0000

0.0000

ESG

0.0000

0.0000

0.0000

0.0000

E

0.0000

0.0034

0.0072

0.0103

S

0.0000

0.0081

0.2395

0.0014

G

0.0000

0.0001

0.0033

0.0010