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Table 1.

Definitions of variables.

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Table 2.

Descriptive statistics.

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Table 2 Expand

Table 3.

Probit estimates for Heckman first-stage model.

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Table 4.

Effects of government leaders’ tenure on CSR and moderating effects of GDP priority and regional market development (Heckman second-stage model).

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Fig 1.

Moderating effect of regional GDP priority.

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Fig 2.

Moderating effect of regional market development.

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Table 5.

Endogenous test results.

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Table 5 Expand

Table 6.

Robustness checks excluding the samples of municipalities.

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Table 7.

The effect of government leaders’ tenure on CSR sub-dimensions.

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Table 7 Expand

Table 8.

The effect of firms’ political connections.

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Table 9.

The effect of governors’ personal characteristics.

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