Descriptive statistics
| Variable | Obs | Mean | SD | Min | Max |
|---|---|---|---|---|---|
| Monitoring tasks | 256 | 60.14 | 24.63 | 03.15 | 93.76 |
| Strategy tasks | 256 | 68.09 | 32.42 | 8.72 | 94.75 |
| Advisory tasks | 256 | 37.76 | 22.40 | 02.57 | 88.96 |
| Women on boards % | 256 | 13.48 | 11.75 | 0 | 50 |
| Proportion point 20% | 320 | 0.45 | 0.50 | 0 | 1 |
| Proportion point 33% | 329 | 0.28 | 0.49 | 0 | 1 |
| Independent directors % | 238 | 55.09 | 22.58 | 0 | 100 |
| Board size | 284 | 12.89 | 2.65 | 4 | 25 |
| CEO duality | 256 | 0.19 | 0.40 | 0 | 1 |
| Firm size (total assets) | 307 | 9.45 × 1007 | 1.81 × 1008 | 63,404 | 1.04 × 1009 |
| Industry | |||||
| Utility | 320 | 0.15 | 0.36 | 0 | 1 |
| Banking | 320 | 0.35 | 0.47 | 0 | 1 |
| Manufacturing | 320 | 0.25 | 0.43 | 0 | 1 |
| High tech | 320 | 0.12 | 0.33 | 0 | 1 |
| Service | 320 | 0.12 | 0.33 | 0 | 1 |
| Variable | Obs | Mean | SD | Min | Max |
|---|---|---|---|---|---|
| Monitoring tasks | 256 | 60.14 | 24.63 | 03.15 | 93.76 |
| Strategy tasks | 256 | 68.09 | 32.42 | 8.72 | 94.75 |
| Advisory tasks | 256 | 37.76 | 22.40 | 02.57 | 88.96 |
| Women on boards % | 256 | 13.48 | 11.75 | 0 | 50 |
| Proportion point 20% | 320 | 0.45 | 0.50 | 0 | 1 |
| Proportion point 33% | 329 | 0.28 | 0.49 | 0 | 1 |
| Independent directors % | 238 | 55.09 | 22.58 | 0 | 100 |
| Board size | 284 | 12.89 | 2.65 | 4 | 25 |
| CEO duality | 256 | 0.19 | 0.40 | 0 | 1 |
| Firm size (total assets) | 307 | 9.45 × 1007 | 1.81 × 1008 | 63,404 | 1.04 × 1009 |
| Utility | 320 | 0.15 | 0.36 | 0 | 1 |
| Banking | 320 | 0.35 | 0.47 | 0 | 1 |
| Manufacturing | 320 | 0.25 | 0.43 | 0 | 1 |
| High tech | 320 | 0.12 | 0.33 | 0 | 1 |
| Service | 320 | 0.12 | 0.33 | 0 | 1 |
Note:
For the definition of the variables, see Table 1
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