Table 3

Descriptive statistics

VariableNMeanStd. dev.MinMax
ETR4450.21790.2224−0.55091.0000
CFETR4450.30240.5025−0.72471.0000
BTD4450.43360.9038−0.76960.8437
CEO_FAM4450.71690.45100.00001.0000
BIND4450.26280.10070.00000.7143
BSIZE4457.83152.89934.000019.0000
BGD4450.19730.16510.00000.6250
BDIL44510.84499.43073.000057.0000
ROA4450.02900.2978−4.95640.6940
LEV4450.55551.2997−10.968414.7615
FSIZE (in millions)44513191.560022610.01004.3568159556.9000
FAGE44530.970817.83413.0000119.0000
Source(s): Authors’ own creation

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