Descriptive statistics
| Variable | Obs | Mean | Std. Dev | Min | Max |
|---|---|---|---|---|---|
| NPL | 365 | 0.151 | 0.238 | 0.003 | 0.995 |
| FPBOD | 365 | 0.137 | 0.115 | 0 | 0.429 |
| FE_IND | 358 | 0.016 | 0.043 | 0 | 0.286 |
| FE_LED | 358 | 0.156 | 0.364 | 0 | 1 |
| FE_EXP | 328 | 0.055 | 0.084 | 0 | 0.375 |
| FE_HEDU | 328 | 0.1 | 0.108 | 0 | 0.429 |
| FE_FOREDU | 328 | 0.042 | 0.077 | 0 | 0.429 |
| FE_ACFI | 328 | 0.022 | 0.045 | 0 | 0.2 |
| INDP | 365 | 0.251 | 0.164 | 0 | 1 |
| BS | 365 | 11.203 | 3.873 | 4 | 20 |
| FSIZE | 365 | 9.945 | 0.514 | 8.434 | 11.005 |
| ROE | 365 | 0.076 | 0.4 | −4.337 | 3.183 |
| LEV | 365 | 10.933 | 8.276 | −23.791 | 62.165 |
| BM | 365 | 15.852 | 7.771 | 0 | 53 |
| DO | 365 | 0.395 | 0.148 | 0 | 0.87 |
| IO | 365 | 0.206 | 0.102 | 0 | 0.494 |
| FO | 365 | 0.03 | 0.077 | 0 | 0.435 |
| COVID19 | 365 | 0.419 | 0.494 | 0 | 1 |
| Variable | Obs | Mean | Std. Dev | Min | Max |
|---|---|---|---|---|---|
| 365 | 0.151 | 0.238 | 0.003 | 0.995 | |
| 365 | 0.137 | 0.115 | 0 | 0.429 | |
| 358 | 0.016 | 0.043 | 0 | 0.286 | |
| 358 | 0.156 | 0.364 | 0 | 1 | |
| 328 | 0.055 | 0.084 | 0 | 0.375 | |
| 328 | 0.1 | 0.108 | 0 | 0.429 | |
| 328 | 0.042 | 0.077 | 0 | 0.429 | |
| 328 | 0.022 | 0.045 | 0 | 0.2 | |
| 365 | 0.251 | 0.164 | 0 | 1 | |
| 365 | 11.203 | 3.873 | 4 | 20 | |
| 365 | 9.945 | 0.514 | 8.434 | 11.005 | |
| 365 | 0.076 | 0.4 | −4.337 | 3.183 | |
| 365 | 10.933 | 8.276 | −23.791 | 62.165 | |
| 365 | 15.852 | 7.771 | 0 | 53 | |
| 365 | 0.395 | 0.148 | 0 | 0.87 | |
| 365 | 0.206 | 0.102 | 0 | 0.494 | |
| 365 | 0.03 | 0.077 | 0 | 0.435 | |
| 365 | 0.419 | 0.494 | 0 | 1 |
Note(s): The definitions of variables are given in Appendix
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