Table 6 Descriptive statistics Variable... | Emerald Publishing

Table 6

Descriptive statistics

Variable	Obs	Mean	Std. Dev	Min	Max
Liquidity ratio	176	−0.026	0.284	−1.696	1.788
(BSCR) BEE score	192	4.102	0.26	3.382	4.443
Total asset (log)	176	0.034	0.408	−3.554	2.596
Debt/Equity ratio	176	−0.032	0.971	−8.559	2.079
CPI	176	0.053	0.012	0.032	0.068
Interest rate	176	−0.009	0.425	−0.6	0.9
GDP (log)	176	0.043	0.008	0.033	0.057
Big 5 audit firms	192	0.562	0.497	0	1
Cross-listing	192	0.625	0.485	0	1
Property type
Industrial REIT	192	0.062	0.243	0	1
Retail REIT	192	0.125	0.332	0	1
Diversified REIT	192	0.812	0.391	0	1
COVID-19 dummy	192	0.25	0.434	0	1

Variable	Obs	Mean	Std. Dev	Min	Max
Liquidity ratio	176	−0.026	0.284	−1.696	1.788
(BSCR) BEE score	192	4.102	0.26	3.382	4.443
Total asset (log)	176	0.034	0.408	−3.554	2.596
Debt/Equity ratio	176	−0.032	0.971	−8.559	2.079
CPI	176	0.053	0.012	0.032	0.068
Interest rate	176	−0.009	0.425	−0.6	0.9
GDP (log)	176	0.043	0.008	0.033	0.057
Big 5 audit firms	192	0.562	0.497	0	1
Cross-listing	192	0.625	0.485	0	1
Property type
Industrial REIT	192	0.062	0.243	0	1
Retail REIT	192	0.125	0.332	0	1
Diversified REIT	192	0.812	0.391	0	1
COVID-19 dummy	192	0.25	0.434	0	1

Note(s): CPI denotes Consumer Price Index; GDP denote Gross Domestic Product

Source(s): Authors’ own work