Table 1

Summary statistics on executives’ characteristics

VariablesNo. of executives% of executives
Panel A: Criminal convictions  
Convicted7,06522.84
Non-convicted23,86977.16
Total30,934100.00
Panel B: Marital status  
Married22,24771.92
Single8,68728.08
Total30,934100.00
Panel C: Gender  
Female5,41317.50
Male25,52182.50
Total30,934100.00
Panel D: Age (in years)  
0–296302.04
30–4913,88544.89
50–599,54730.86
60–695,43317.56
70+1,4394.65
Total30,934100.00
Panel E: Level of education  
Vocational degree or less17,18855.56
Bachelor’s degree5,21216.85
Master’s degree7,75125.06
PhD7832.53
Total30,934100.00
Panel F: Business degree  
Yes4,39714.21
No26,53785.79
Total30,934100.00
Note:

The table describes summary statistics of our sample of 30,934 executives of Finnish limited liability firms during the period 2014–2019

Source: Author’s own work

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