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Table 5 Sample distribution by year

From: Excess stock returns and corporate environmental performance in China

Year

Observations

Proportion (%)

2014

17,438

7.87

2015

22,802

10.29

2016

24,721

11.16

2017

25,705

11.60

2018

28,080

12.68

2019

31,184

14.08

2020

35,718

16.13

2021

35,852

16.19

Total

221,500

100.00