Descriptive statistics of the variables. Panel data for the period 2018–2022
| Variable | Min. | Max. | Mean | Median | SD |
|---|---|---|---|---|---|
| Dependent variables | |||||
| ESG performance (ESG_perf) | 20.1625 | 91.4387 | 61.3263 | 61.8532 | 13.6438 |
| Independent variables | |||||
| Board size (B_size) | 23 | 7 | 12.4604 | 12.2344 | 4.7765 |
| Board gender diversity (B_gend) | 0 | 0.3367 | 0.2145 | 0.1018 | 0.3867 |
| Board mass of gender diversity (B_mgend) | 0 | 1 | 0.3054 | 0.3782 | 0.3248 |
| Board independence (B_ind) | 0 | 1 | 0.6276 | 0.6255 | 0.2854 |
| CSR/sustainability committee (CSR_com) | 0 | 1 | 0.5750 | 0.5899 | 0.4984 |
| CEO duality (CEO_dual) | 0 | 1 | 0.7054 | 0.6952 | 0.3043 |
| Control variables | |||||
| Bank size (size) | 6.7732 | 9.4510 | 7.8267 | 7.8039 | 0.6567 |
| Leverage (lev) | 0.0137 | 0.2382 | 0.0672 | 0.0885 | 0.0483 |
| Return on equity (roe) | −2.9777 | 0.7196 | 0.0372 | 0.0770 | 0.2025 |
| GDP per capita (gdp) | −11.5154 | 9.4376 | 0.0729 | 0.1687 | 3.6432 |
| Variable | Min. | Max. | Mean | Median | |
|---|---|---|---|---|---|
| 20.1625 | 91.4387 | 61.3263 | 61.8532 | 13.6438 | |
| Board size (B_size) | 23 | 7 | 12.4604 | 12.2344 | 4.7765 |
| Board gender diversity (B_gend) | 0 | 0.3367 | 0.2145 | 0.1018 | 0.3867 |
| Board mass of gender diversity (B_mgend) | 0 | 1 | 0.3054 | 0.3782 | 0.3248 |
| Board independence (B_ind) | 0 | 1 | 0.6276 | 0.6255 | 0.2854 |
| CSR/sustainability committee (CSR_com) | 0 | 1 | 0.5750 | 0.5899 | 0.4984 |
| 0 | 1 | 0.7054 | 0.6952 | 0.3043 | |
| Bank size (size) | 6.7732 | 9.4510 | 7.8267 | 7.8039 | 0.6567 |
| Leverage (lev) | 0.0137 | 0.2382 | 0.0672 | 0.0885 | 0.0483 |
| Return on equity (roe) | −2.9777 | 0.7196 | 0.0372 | 0.0770 | 0.2025 |
| −11.5154 | 9.4376 | 0.0729 | 0.1687 | 3.6432 | |
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