Table 1. Summary statistics and Pearson...

Table 1.

Summary statistics and Pearson correlation

#	Variable	Description	Summary statistics					N	Groups	Pearson correlations
#	Variable	Description	Mean	SD	Min.	Median	Max.	N	Groups	(1)	(2)	(3)	(4)	(5)	(6)
(1)	Board_size	Total no. of board members	8.3	2.7	2	8	21	739	71	1.00
(2)	WOB	No. of female board members	1.6	1.3	0	1	7	739	71	0.62	1.00
(3)	WOB_exec	No. of female executive board members	0.2	0.4	0	0	3	739	71	0.24	0.55	1.00
(4)	WOB_non-exec	No. of female nonexecutive board members	1.4	1.1	0	1	6	739	71	0.63	0.94	0.24	1.00
(5)	CSR	CSR logic score (terms per 10,000 words)	139	55	30	130	408	739	71	0.33	0.43	0.24	0.40	1.00
(6)	CONS	Conservative logic score (terms per 10,000 words)	113	23	26	113	226	739	71	−0.01	0.03	0.04	0.01	−0.07	1.00

#	Variable	Description	Summary statistics					N	Groups	Pearson correlations
#	Variable	Description	Mean	SD	Min.	Median	Max.	N	Groups	(1)	(2)	(3)	(4)	(5)	(6)
(1)	Board_size	Total no. of board members	8.3	2.7	2	8	21	739	71	1.00
(2)	WOB	No. of female board members	1.6	1.3	0	1	7	739	71	0.62	1.00
(3)	WOB_exec	No. of female executive board members	0.2	0.4	0	0	3	739	71	0.24	0.55	1.00
(4)	WOB_non-exec	No. of female nonexecutive board members	1.4	1.1	0	1	6	739	71	0.63	0.94	0.24	1.00
(5)	CSR	CSR logic score (terms per 10,000 words)	139	55	30	130	408	739	71	0.33	0.43	0.24	0.40	1.00
(6)	CONS	Conservative logic score (terms per 10,000 words)	113	23	26	113	226	739	71	−0.01	0.03	0.04	0.01	−0.07	1.00

Note(s):

This table presents descriptive statistics (mean, standard deviation, minimum, median and maximum) for the main variables used in the study, providing an overview of their distribution and variation. The right-hand panel reports Pearson correlation coefficients, which summarize the linear associations between variables. Correlations close to ±1 indicate stronger positive or negative relationships, while values near zero suggest weak or no linear association. These coefficients are descriptive in nature and should not be interpreted as evidence of causality

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