Table IV. Distribution of variables... | Emerald Publishing

Table IV.

Distribution of variables based on bank size

		Bank size		Two independent sample t-test
Variables	N	Large	Small	t-test	Significance
ROA	120-120	0.08067	0.01626	1.759	0.003^*
Leverage	120-120	0.7016	0.6478	3.019	0.040^**
Age	120-120	21.93	20.12	1.011	0.313
Institutional ownership	120-120	0.4971	0.5796	−2.523	0.006^**
SSB independence	120-120	0.9707	0.9636	0.549	0.291
SSB frequency of meetings	120-120	6.21	6.85	−2.635	0.005^*
Big4	120-120	0.83	0.83	0.000	1.000

		Bank size		Two independent sample t-test
Variables	N	Large	Small	t-test	Significance
ROA	120-120	0.08067	0.01626	1.759	0.003^*
Leverage	120-120	0.7016	0.6478	3.019	0.040^**
Age	120-120	21.93	20.12	1.011	0.313
Institutional ownership	120-120	0.4971	0.5796	−2.523	0.006^**
SSB independence	120-120	0.9707	0.9636	0.549	0.291
SSB frequency of meetings	120-120	6.21	6.85	−2.635	0.005^*
Big4	120-120	0.83	0.83	0.000	1.000

Notes:

*

p < 0.1 level;

**

p < 0.5 level