Table 7

Descriptive statistics

VariablesN. Obs.MeanMedianSDMinMax
ROE1,542−0.0060.0640.694−3.8982.807
ROA1,5420.0390.0420.099−0.7030.356
Leverage1,5423.6502.4127.261−16.40540.038
NI/EBIT1,5420.6900.7101.963−14.92513.126
Double negative1,5430.2260.0000.4180.0001.000
Size (log total assets)1,54214.93115.0431.5689.52817.497
ESG score1,54348.98850.38919.7501.04292.315
Environmental pillar1,54344.90445.47626.5760.00098.919
Social pillar1,54350.94351.90922.4990.44797.270
Governance pillar1,54350.05151.25422.1911.26396.269
Log(Market capitalization)1,4907.6027.6901.6361.29210.570

Note(s): Number of firms 363

Source(s): Author’s own work

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