Descriptive statistics for dependent and independent variables
| Continuous variables | N | Mean | SD | Min | Max |
|---|---|---|---|---|---|
| CoD | 252 | 0.029 | 0.009 | 0 | 0.05 |
| CICD | 252 | 64.6 | 40.588 | 0 | 192 |
| CICM | 252 | 140.81 | 92.483 | 0 | 473 |
| SIZE | 252 | 24.341 | 1.665 | 20.516 | 28.7 |
| LEV | 252 | 0.25 | 0.149 | 0 | 0.776 |
| ROE | 252 | 0.163 | 0.173 | −0.325 | 1.635 |
| B_SIZE | 252 | 11.92 | 3.578 | 5 | 24 |
| B_IND | 252 | 67.122 | 20.624 | 0 | 100 |
| ESG_S | 252 | 72.891 | 11.457 | 37.604 | 94.348 |
| Continuous variables | Mean | SD | Min | Max | |
|---|---|---|---|---|---|
| CoD | 252 | 0.029 | 0.009 | 0 | 0.05 |
| CICD | 252 | 64.6 | 40.588 | 0 | 192 |
| CICM | 252 | 140.81 | 92.483 | 0 | 473 |
| SIZE | 252 | 24.341 | 1.665 | 20.516 | 28.7 |
| LEV | 252 | 0.25 | 0.149 | 0 | 0.776 |
| ROE | 252 | 0.163 | 0.173 | −0.325 | 1.635 |
| B_SIZE | 252 | 11.92 | 3.578 | 5 | 24 |
| B_IND | 252 | 67.122 | 20.624 | 0 | 100 |
| ESG_S | 252 | 72.891 | 11.457 | 37.604 | 94.348 |
| Dummy variables | N | 0 | (%) | 1 | (%) |
|---|---|---|---|---|---|
| CEO_D | 252 | 204 | 81% | 48 | 19% |
| ENV_S | 252 | 128 | 51% | 124 | 49% |
| Dummy variables | 0 | (%) | 1 | (%) | |
|---|---|---|---|---|---|
| CEO_D | 252 | 204 | 81% | 48 | 19% |
| ENV_S | 252 | 128 | 51% | 124 | 49% |
Note(s): CoD, LEV, ROE, B_IND and ESG_S are expressed in decimal form rather than percentage points (e.g. CoD = 0.029 corresponds to 2.9%)
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