Table 3.

Descriptive statistics

VariableObsMeanSDMin.Max.
SRI69836.0613.40065.93
ENV69817.628.93069.23
SOC69854.5022.160100
BODSZ6989.993.32323
BODIND69880.2713.1725100
BOGD69830.5917.12085.71
BODM6987.904.73142
ROA698−0.051.36−32.002.52
LEV6980.640.540.018.69
SOESIZE6985.830.963.168.11
AGE69843.6326.501119
Note(s):

The variables are explained as follows: sustainability reporting index is SRI; environmental reporting index is ENV; social reporting index is SOC; board size is BODSZ; board independence is BODIND; board gender diversity is BOGD; board meeting is BODM; return on assets is ROA; leverage is LEV; SOE size is SOESIZE; and firm age is AGE

Source(s): Authors’ own work

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