Table 2 Descriptive statistics of the... | Emerald Publishing

Table 2

Descriptive statistics of the interest variables for the control and treatment groups

Variables	N	Developed (control)	Emerging (treatment)	p-value²
		N = 273,011¹	N = 151,916¹
DebtT_it	424,078	0.80 (1.45)	0.57 (0.68)	<0.001
DebtST_it	391,497	0.60 (1.45)	0.40 (0.58)	<0.001
DebtLT_it	390,513	0.19 (0.21)	0.15 (0.18)	<0.001
COP21_t	424,927	155,453 (57%)	91,590 (60%)	<0.001
DESG_it	424,927	43,692 (16%)	9,803 (6.5%)	<0.001
CatESG_it	424,927			<0.001
NonESG_it		229,319 (84%)	142,113 (94%)
${E S G}_{25 i t}$		9,962 (3.6%)	2,257 (1.5%)
${E S G}_{50 i t}$		17,348 (6.4%)	4,199 (2.8%)
${E S G}_{75 i t}$		12,652 (4.6%)	2,831 (1.9%)
${E S G}_{100 i t}$		3,730 (1.4%)	516 (0.3%)
ESGscore_it	53,495	43.30 (20.76)	41.53 (19.23)	<0.001
Escore_it	53,492	34.11 (29.68)	34.53 (25.28)	0.2
Sscore_it	53,492	43.98 (22.97)	40.84 (23.85)	<0.001
Gscore_it	53,495	49.69 (22.58)	48.33 (21.61)	<0.001

Variables	N	Developed (control)	Emerging (treatment)	p-value²
		N = 273,011¹	N = 151,916¹
DebtT_it	424,078	0.80 (1.45)	0.57 (0.68)	<0.001
DebtST_it	391,497	0.60 (1.45)	0.40 (0.58)	<0.001
DebtLT_it	390,513	0.19 (0.21)	0.15 (0.18)	<0.001
COP21_t	424,927	155,453 (57%)	91,590 (60%)	<0.001
DESG_it	424,927	43,692 (16%)	9,803 (6.5%)	<0.001
CatESG_it	424,927			<0.001
NonESG_it		229,319 (84%)	142,113 (94%)
${E S G}_{25 i t}$		9,962 (3.6%)	2,257 (1.5%)
${E S G}_{50 i t}$		17,348 (6.4%)	4,199 (2.8%)
${E S G}_{75 i t}$		12,652 (4.6%)	2,831 (1.9%)
${E S G}_{100 i t}$		3,730 (1.4%)	516 (0.3%)
ESGscore_it	53,495	43.30 (20.76)	41.53 (19.23)	<0.001
Escore_it	53,492	34.11 (29.68)	34.53 (25.28)	0.2
Sscore_it	53,492	43.98 (22.97)	40.84 (23.85)	<0.001
Gscore_it	53,495	49.69 (22.58)	48.33 (21.61)	<0.001

Note(s): ¹n (%); Mean (SD), ²Kruskal-Wallis rank sum test; Welch Two Sample t-test

Source(s): Created by authors