Table 1 Sample selection and... | Emerald Publishing

Table 1

Sample selection and distribution

Panel A: Sample selection
	Firms	Firm-year observations
Initial sample top 100 listed firms, period 2018–2022	100	500
Less: Firms listed after 2021 and non-disclosure of management committee data	(10)	(50)
Firms available for the study	90	450
Less: Missing annual reports and other relevant data		(60)
Final sample		390

Panel A: Sample selection
	Firms	Firm-year observations
Initial sample top 100 listed firms, period 2018–2022	100	500
Less: Firms listed after 2021 and non-disclosure of management committee data	(10)	(50)
Firms available for the study	90	450
Less: Missing annual reports and other relevant data		(60)
Final sample		390

Panel B: Year-wise distribution of firms in the sample
Year	Freq	Percent
2018	79	20.26
2019	79	20.26
2020	81	20.77
2021	87	22.31
2022	64	16.41
Total	390	100.00

Source(s): Authors’ own work