Table 1.

Descriptive statistics

VariablesNMeanSDMedianMin.Max.
DT24,5500.8971.2010.0000.0006.107
PAA24,5500.0260.0720.0000.0000.580
PBA24,550−0.0520.083−0.016−0.4550.000
NP24,55010.3700.64410.1809.57511.920
MP24,5501.4950.9031.5400.0004.389
SIZE24,55022.2701.40022.13013.08028.640
AGE24,5502.8200.3942.8900.0003.989
LEV24,5500.3760.1460.3870.0020.993
BOARD24,5502.2740.1812.3030.0002.944
DUAL24,5500.1980.3990.0000.0001.000
CASH24,5500.1560.1270.121−0.0601.000
AUDIT24,5500.0370.1890.0000.0001.000
OWN24,5500.5090.5001.0000.0001.000
SC24,5500.3560.1540.3370.0030.900
Source(s): Authors’ own work

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