Table 1

Descriptives of the variables

VariablenMean5% trimmed meanMedianStd. deviationSkewnessKurtosis
Family managers (%)14,07274.8%76.5%88.9%28.2%−0.55−1.17
Family ownership (%)14,04789.3%90.9%100.0%18.7%−1.360.09
Female managers (%)14,97832.2%30.2%25.0%35.4%0.78−0.70
Number of employees15,95228.2725.0519.0023.672.185.09
Firm age (years)14,83420.3419.7319.0011.623.7231.29
P/L before tax (th EUR)14,683182.03136.9467.95529.2248.194160.72
Shareholders funds (th EUR)15,953791.53608.56335.731611.623.1923.43
Sales (th EUR)15,2742,163.451,942.181,428.732,125.231.501.95
ROE using Net income13,68719.9122.5617.6772.93−2.1558.92
ROA using Profit (Loss) before tax14,47711.4111.578.7222.50−0.223.88
Profit margin14,4387.226.634.8611.741.365.54
Solvency ratio (Liability based)5,87146.9746.6845.1527.930.15−1.11
Solvency ratio (Asset based)14,66450.5952.5354.3631.26−0.991.71
Current ratio14,5522.782.371.782.902.658.44
Source(s): Authors’ own work

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