Table 2

Descriptive statistics

VariableObsMeanStd. DevMinMax
NPL3650.1510.2380.0030.995
FPBOD3650.1370.11500.429
FE_IND3580.0160.04300.286
FE_LED3580.1560.36401
FE_EXP3280.0550.08400.375
FE_HEDU3280.10.10800.429
FE_FOREDU3280.0420.07700.429
FE_ACFI3280.0220.04500.2
INDP3650.2510.16401
BS36511.2033.873420
FSIZE3659.9450.5148.43411.005
ROE3650.0760.4−4.3373.183
LEV36510.9338.276−23.79162.165
BM36515.8527.771053
DO3650.3950.14800.87
IO3650.2060.10200.494
FO3650.030.07700.435
COVID193650.4190.49401

Note(s): The definitions of variables are given in  Appendix

Source(s): Created by author

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