The results of the tests for asymmetry, excess and normality of the variables
| Variable | Skewness | Kurtosis | W-statistic | p-value |
|---|---|---|---|---|
| NDSE | 0.44 | 1.18 | 0.975 | 3.55e-05 |
| ROE | 1.05 | 5.18 | 0.916 | 4.60e-12 |
| EBIT | 2.42 | 7.94 | 0.769 | 2.02e-20 |
| OperMargin | 1.39 | 3.63 | 0.911 | 1.98e-12 |
| ProfitMargin | 1.17 | 2.81 | 0.922 | 1.54e-11 |
| NDCF | 9.09 | 170.04 | 0.218 | 9.32e-34 |
| ESGD | −0.18 | 0.28 | 0.993 | 1.94e-01 |
| AuditMeetings | 1.88 | 4.72 | 0.815 | 2.30e-18 |
| Women | 0.28 | −0.62 | 0.965 | 1.07e-06 |
| BoardMeetings | 2.38 | 9.22 | 0.795 | 2.71e-19 |
| Asset | 1.73 | 3.56 | 0.814 | 2.01e-18 |
| FinLev | 5.33 | 28.9 | 0.306 | 2.69e-32 |
| IntCov | 7.24 | 58.22 | 0.214 | 8.04e-34 |
| GRIE | 17.46 | 305.0 | 0.032 | 1.88e-36 |
| GRIS | 12.29 | 149.97 | 0.053 | 3.69e-36 |
| GRIG | 12.29 | 149.97 | 0.053 | 3.69e-36 |
| 1yrDD | 0.6 | 0.09 | 0.971 | 9.15e-06 |
| 1yrPD | 6.69 | 52.23 | 0.291 | 1.53e-32 |
| CDS | 2.08 | 5.38 | 0.799 | 3.83e-19 |
| AltmanZ | 2.45 | 8.26 | 0.778 | 4.93e-20 |
| Paris | 0.0 | 0.0 | 1.0 | 1.00e + 00 |
| PostLess | 0.0 | 0.0 | 1.0 | 1.00e + 00 |
| PostMore | 0.0 | 0.0 | 1.0 | 1.00e + 00 |
| PostMixed | 0.0 | 0.0 | 1.0 | 1.00e + 00 |
| GRI | −12.99 | 172.97 | 0.053 | 3.66e-36 |
| SASB | −15.44 | 249.34 | 0.046 | 2.98e-36 |
| TCFD | −16.99 | 292.9 | 0.039 | 2.34e-36 |
| Variable | Skewness | Kurtosis | W-statistic | p-value |
|---|---|---|---|---|
| 0.44 | 1.18 | 0.975 | 3.55e-05 | |
| 1.05 | 5.18 | 0.916 | 4.60e-12 | |
| 2.42 | 7.94 | 0.769 | 2.02e-20 | |
| OperMargin | 1.39 | 3.63 | 0.911 | 1.98e-12 |
| ProfitMargin | 1.17 | 2.81 | 0.922 | 1.54e-11 |
| 9.09 | 170.04 | 0.218 | 9.32e-34 | |
| −0.18 | 0.28 | 0.993 | 1.94e-01 | |
| AuditMeetings | 1.88 | 4.72 | 0.815 | 2.30e-18 |
| Women | 0.28 | −0.62 | 0.965 | 1.07e-06 |
| BoardMeetings | 2.38 | 9.22 | 0.795 | 2.71e-19 |
| Asset | 1.73 | 3.56 | 0.814 | 2.01e-18 |
| FinLev | 5.33 | 28.9 | 0.306 | 2.69e-32 |
| IntCov | 7.24 | 58.22 | 0.214 | 8.04e-34 |
| 17.46 | 305.0 | 0.032 | 1.88e-36 | |
| 12.29 | 149.97 | 0.053 | 3.69e-36 | |
| 12.29 | 149.97 | 0.053 | 3.69e-36 | |
| 1yrDD | 0.6 | 0.09 | 0.971 | 9.15e-06 |
| 1yrPD | 6.69 | 52.23 | 0.291 | 1.53e-32 |
| 2.08 | 5.38 | 0.799 | 3.83e-19 | |
| AltmanZ | 2.45 | 8.26 | 0.778 | 4.93e-20 |
| Paris | 0.0 | 0.0 | 1.0 | 1.00e + 00 |
| PostLess | 0.0 | 0.0 | 1.0 | 1.00e + 00 |
| PostMore | 0.0 | 0.0 | 1.0 | 1.00e + 00 |
| PostMixed | 0.0 | 0.0 | 1.0 | 1.00e + 00 |
| −12.99 | 172.97 | 0.053 | 3.66e-36 | |
| −15.44 | 249.34 | 0.046 | 2.98e-36 | |
| −16.99 | 292.9 | 0.039 | 2.34e-36 |
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